Stena Line AB has signed an agreement with SeaFrance concerning the sale of Stena Line’s 49% shareholding in Société Propriétaire des Navires (SPN), at a price of FFR 165 million. SPN owns two vessels, SEAFRANCE CEZANNE and SEAFRANCE RENOIR, which SeaFrance operates on the Dover – Calais route. Stena Line has said that the deal is being carried out with the aim of strengthening Stena Line’s liquidity in connection with the acquisition of Scandlines AB and means a capital loss of SEK 71 million.

SPN was formed in 1990 to take over ownership of the vessels of SNCF Armement Naval (which was a wholly owned division of SNCF) when the operation of those services was taken over by SNAT. SNAT (Société Armement Transmanche) became SeaFrance SA following the ending of joint operation of services with Stena Line in 1995. SeaFrance SA is a French state owned company owned by Société Nationale des Chemins de fer Français (French Railways) and Compagnie Générale Maritime Français (French National Shipping Company). SeaFrance management who have long wanted full ownership of their fleet will welcome the deal.

Relevant Directory Listings

Listing image


Since 2001, KePol parcel lockers from innovation leader KEBA ensure easy automating of the first and last mile of parcel logistics processes. First-class quality and outstanding reliability make KePol the world’s best locker solution available. Thanks to its modularity, the flexibility is high and customizing […]

Find out more

Other Directory Listings




P&P Poll


What is your top business priority?

Thank you for voting
You have already voted on this poll!
Please select an option!

MER Magazine

The Mail & Express Review (MER) Magazine is our quarterly print publication. Packed with original content and thought-provoking features, MER is a must-read for those who want the inside track on the industry.


News Archive

Pin It on Pinterest

Share This