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COMPAGNIE NATIONALE DE NAVIGATION (2).

C374
C375
C376
C855

The funnel is recorded on Montmartre. Jordan calls its panel simply the house flag, without detailing the design.

This funnel was used by a vessel chartered to Elf Petroleum Co.

Pavillon does not provide a funnel. Rosanoski assumes a funnel corresponding to C375, except for the letter colour, to accompany the flag from Jeunes Marin, September–October 1960.

The later company, known as CNN, operated tankers. Lloyd’s gives 1870 as a formation date, but Rosanoski cannot identify which component this refers to. The source gives differing accounts of its 1986–87 reorganisation: acquisition by Compagnie Naval Worms; a 1986 merger of Compagnie Navale Worms and CNN, bought from Elf; or amalgamation with Société Française de Transports Maritimes on 1 January 1987, retaining the CNN name. An apparent 1986 change to Nouvelle Compagnie de Navigation is reflected in Lloyd’s 1988–89, with Compagnie Nationale de Navigation recorded again in 1992–93. Rosanoski could not confirm the suggested Worms subsidiary relationship from its English website.

CNN’s Isle of Man company European Navigation Company sold vessels, related companies and goodwill to Euronav Luxembourg in 1995, forming a joint venture with Compagnie Maritime Belge. Euronav’s website dates CMB’s acquisition of CNN and full ownership of Euronav Luxembourg to 1997. Other accounts differ: FOTW gives a 54.4 per cent share sale in 1998, Lloyd’s reports 90 per cent bought early in 1998, and a later Lloyd’s entry records disposal of a 92.5 per cent holding in 1999. These dates and percentages remain unreconciled.

Operating companies included Compagnie Morbihannaise et Nantaise de Navigation, Feronia International Shipping, Société Nouvelle de Transports Petroliers and Unishipping, formed in Paris in 1991. Euronav (UK) Agencies was formed jointly with Anders Wilhelmsen in 1989 following takeover of Investa, with each holding 47 per cent. France Shipmanagement was another joint venture, recorded through Nouvelle Compagnie de Navigation; it managed the whole fleet in 1988–89 and part of it later. Feronia and Compagnie de Navigation U.I.M. also managed parts of the fleet.

France, Paris.