Volga Shipping Company Explained

Volga Shipping
Type:Open Joint Stock Company
Location City:Nizhniy Novgorod
Location Country:Russia
Industry:Transportation
Revenue: US$ 165.8 mln (2011)
Operating Income: US$ 19 mln (2011)
Num Employees:3,300 (2011)
Homepage:Volga Shipping Company

The Volga Shipping Company (Russian: Волжское пароходство|r=Volzhskoye parokhodstvo) is a Russian ship-owning company within UCL Holding and is ultimately controlled by Vladimir Lisin's Fletcher Group Holdings Ltd.

Operations

The company now owns a fleet of 300 vessels, which carried 6.7 million tonnes of freight and 368,000 passengers in 2011. [1] The company operates over 236 cargo ships and tankers.[2]

History

The company was founded in 1843 as On the Volga steamship company, went through a number of structural and ownership changes over the years, emerging under its current name and structure in 1994.

See also

Notes and References

  1. News: Volga Shipping Company . Volga Shipping Company . 2012-07-30 . https://web.archive.org/web/20120225084037/http://www.volgaflot.com/index.phtml?l=eng&s=1 . 2012-02-25 . dead.
  2. News: Bahtić . Fatima . Volga Shipping starts its 20-ship renewal program with 4 orders at Okskaya Shipyard . 1 March 2022 . Offshore Energy . 16 July 2021.