The Renfe Board of Directors approved the following at its session this Monday: medlog SA, group company M.S.C.has become a strategic partner Product Area. after confirmation by Renfe’s board of directorsThe company will present its proposal to the Government Delegate Commission for Economic Affairs and then to the Council of Ministers. target Renfe Products With this strategic agreement Make Renfe a comprehensive logistics operatorFor this, he thinks it is vital to allow private capital into the public company. To this end, the new company will integrate railway services into a complete logistics chain provided by companies in the region. MSC Groupwhere it integrates medlog. MSC is a world leader in maritime transport, logistics and container shipping.
MSC group assets include 760 ships sailing more than 300 routes worldwide, a presence in 155 countries, 180,000 employees and annual movements of more than 22 million containers per year. Renfe is therefore a key strategic partner in the goal of internationalizing its services. In addition to improving passenger transportation servicesRenfe is clear that a big journey is ahead intermodal transportation (ship-rail-road) and inter-port connection. In a future where road transport challenges are increasing, rail connectivity from and between ports becomes strategic for the future growth of any logistics operator.
According to Renfe sources, the selection process for the new partner began last year and led to Medlog after applying “economic and technical solvency criteria”. “The project is being considered We offer a workmanship guarantee to 100% of Renfe Mercancias employeesIn their statement, Renfe announced that they would either participate in the new project or realize this project without any damage to Renfe.
One of the key factors in his selection was the investment capacity of Medlog, MSC’s logistics arm. Future plans include a comprehensive renovation of the Renfe locomotive and wagon park, which is very old and needs to be renovated in the coming years. The entry of a private company alleviates investment commitments for public capital.
M.S.C. It was one of three shipping companies. Maersk and CMA CGMwhich chose to become a partner in Renfe following the partial privatization process announced by the state operator in July 2022.
Renfe Mercancías is a Renfe Operadora company 100% dedicated to the transportation of goods in container trains and complete trains. It provides 50,000 transportation services annually.
The idea is that MSC “will not be integrated into the state public sector together with Renfe Mercancias”, but will be integrated into a joint control participation regime with a common management model with the aim of long-term permanence and activity to be developed jointly with potential strategic partners, allowing the business to be carried out with greater flexibility than currently available /increasing business volume, increasing the added value and profitability of the operation” in previous specifications.
public assistance
Renfe Products recently received 13.69 million euros in railway eco-incentives from the Ministry of Transport, Mobility and Urban Agenda (Mitma) from the Recovery, Transformation and Resilience Plan (PRTR). Renfe tops the list of eight operators that have received a total of 26.1 million euros in European funds to promote rail freight transport.
A total of nine operators, including Renfe, requested this assistance; this aid was eventually offered to eight of them because one of them did not meet the criteria set for calculating subsidies. These aids, which are given to freight traffic in 2022 and vary between 275,000 euros and 13.7 million euros, aim to encourage the use of rail freight transportation by rewarding the savings in external environmental and socioeconomic costs created by its use compared to road transportation. Renfe Mercancias calculates that its operation generates savings due to lower external costs in excess of €350 million annually.
Preliminary evaluation of the summer term
On the other hand, the president of the company Raul Blanco, reported at the board meeting on the balance of passenger transportation in the summer months and the cumulative balance of the year until the end of August. Especially in the summer months of July and August, Renfe achieved a growth of 31.1% in travelers compared to the same period in 2022. These figures represent a consolidation of the increases recorded by Renfe services in the year’s backlog. Between January and August, more than 340 million migrations were made and more than 74 million new users were included in Renfe’s offering.
A total of 81.4 million customers traveled on Renfe trains in July and August; this represented 19.3 million new passengers compared to the same period the previous year.
Figures for July and August reinforce the increase in the number of passengers on Renfe trains in 2023. Between January and August, Renfe moved more than 340 million customers; This represents more than 74 million new trips and a cumulative growth of 27.8%. .