Socarenam Explained

Socarenam
Type:Employee stock ownership
Industry:Shipbuilding, defence
Hq Location City:Boulogne-sur-Mer, Pas-de-Calais, Hauts-de-France
Hq Location Country:France
Area Served:Worldwide
Products:Patrol boats, merchant vessels, fishing vessels, tugboats, platform supply vessels, diving support vessels
Num Employees:>250
Homepage:socarenam.com

Socarenam (French: SOCARENAM, acronym: Société Calaisienne de paration Navale et Mécanique) is a French employee-owned shipbuilding company that operates shipyards in multiple ports in northern and western of the country.

History

Socarenam was founded in Calais in 1961 by Société Navale Caeannaise for repair and maintenance of its commercial fleet.

In 1969, the company established a new shipyard on the former site of Les chantiers BAHEUX in Boulogne-sur-Mer, a famous riveted steel fishing vessels shipbuilder that was created at the end of 19th century and had previously moved its headquarters to Boulogne. Socarenam opened its third workshop in Dunkirk in 1973 because of the company's tremendous workload.

In 1989, the parent company decided to spin off some subsidiaries, including Socarenam. At this point, the shipyard employees decided to take over a 100% stake in Socarenam, which finally meant that the employees managed to acquire their shipyard.[1]

The company has been contracted by the Direction générale de l'Armement to build the Confiance class and the Patrouilleur Outre-mer ships.

Notes and References

  1. Web site: History - Socarenam. Socarenam.