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Tag: STEF | Ferry Shipping News

Feb 10
0

Passport requirement for the Channel Islands should be lifted

By | 2023 Newsletter week 6 | No Comments

The French Manche Department will not manage maritime links (via a public service contract) to the Channel Islands if the passport requirement is not lifted. An ID card should be enough.

Nearly half of the customers arriving in the terminal of Manche Îles Express did not have a passport, compulsory since October 1, 2021. Result: less passengers, and a loss of revenue for the ferry company.

The Manche Department has issued an ultimatum to lift the passport requirement by May 1, 2023, or they will not renew the service contract for 2024-2025.

Feb 10
0

CMA CGM and STEF: negotiations to acquire La Méridionale

By | 2023 Newsletter week 6 | No Comments

The Stef Group has confirmed to Le Figaro that it has started preliminary discussions with the CMA-CGM Group regarding the potential acquisition of its maritime activities, which are centered around the company La Méridionale, with 600 employees.

Stef specified that these discussions are in an early stage and that the proper procedure, including informing and consulting the social and economic council of La Méridionale, which will be meeting next week, must be followed.

The acquisition of these ferries, which dock at the foot of the CMA-CGM tower in Marseille, would mark the shipping company’s return to the passenger maritime transport market after selling luxury cruise line Ponant in 2015.

La Méridionale operates connections between Marseille and Corsican ports for both passengers and freight. It recently obtained a renewal of its public service delegation with Corsica Linea for these connections until 2029.

Feb 03
4

STEF’s subsidiary La Méridionale performed well on the freight side

By | 2022 Newsletter week 5 | No Comments

STEF, specialist in temperature-controlled transport and logistics for food products, announced a turnover of €3.5 billion for the year 2021, up 11.5%, including €950 million for the 4th quarter, which is up by 15.2%.

During Q4, La Méridionale achieved the expected performance on its crossings to Corsica under the current public service delegation.

On the Marseille-Tangier line, the company was affected by the closure of the Moroccan borders which considerably reduced passenger traffic in early December, even though its freight activities are showing a steady increase in fill rate.

Oct 08
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La Méridionale to Renegotiate All Employment Agreements

By | 2020 Newsletter week 41 | No Comments

STEF-owned ferry company La Méridionale announced the cancelation of 90 agreements regarding terms of employment. All the agreements will be renegotiated with the unions, both for the crews and the shore staff. This should be done by the end of the year.

The fact that the company lost the major Corsican ports in the 15-month transitional contract (to Corsica Linea) did not help the finances, especially not together with the pandemic.

However, owner STEF is a strong logistics group.

La Meridionale also bought PELAGOS (DFDS – LIVERPOOL SEAWAYS – EUR 30,6 million) before Covid. The ship is still laid up in Le Havre.