Volga Shipping Company Overview and Operations

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Drone shot showcasing docked ships at Volgograd port, Russia with a fall backdrop.
Credit: pexels.com, Drone shot showcasing docked ships at Volgograd port, Russia with a fall backdrop.

The Volga Shipping Company is a Russian shipping company that operates on the Volga River. It was founded in 1936.

The company's main office is located in Nizhny Novgorod, Russia. The Volga Shipping Company has a fleet of over 100 vessels, including cargo ships, passenger ships, and tugboats.

The Volga Shipping Company's operations are primarily focused on transporting goods and passengers along the Volga River. This includes transporting goods such as oil, coal, and grain.

The company has a long history of providing transportation services to the oil and gas industry in Russia, with many of its vessels specializing in the transportation of these commodities.

Company History

The Volga Shipping Company has a rich history that spans over 179 years. It was founded in 1843 as On the Volga steamship company.

Over the years, the company underwent several structural and ownership changes. This ultimately led to its emergence under its current name and structure in 1994.

A container ship sails on a river against a backdrop of urban buildings under a cloudy sky.
Credit: pexels.com, A container ship sails on a river against a backdrop of urban buildings under a cloudy sky.

Here's a brief timeline of the company's founding and key changes:

  • 1843: The Volga Shipping Company was established.
  • 1994: The company emerged under its current name and structure.

The company's history is closely tied to Russia's shipping industry, and it has been a part of the country's maritime history for nearly two centuries.

Operations and Fleet

The Volga Shipping Company operates a fleet of approximately 200 vessels, which is a significant presence in the industry. These vessels are distributed across various types, including ships for transporting goods along the rivers of Russia, pusher tugs, non-self-propelled ships (barges), and service, auxiliary, and technical fleets.

The company's fleet is comprised of 74 Volga-Don type ships, 10 Project RSD44 ships, 50 pusher tugs, and 78 non-self-propelled ships (barges). This diverse fleet allows the company to cater to a wide range of cargo transportation needs.

In 2012, the company's ships transported a total of 7.3 million tons of cargo, demonstrating their efficiency and capacity in meeting the demands of their clients.

2018: V.F. Tanker Joins

Two Cargo Ships Sailing Near City
Credit: pexels.com, Two Cargo Ships Sailing Near City

2018 was a pivotal year for the Volga Shipping Company's operations and fleet. V.F. Tanker LLC joined the company in 2018, expanding its capabilities and services.

The addition of V.F. Tanker LLC brought a new level of expertise to the Volga Shipping Company. This partnership has likely enabled the company to offer more comprehensive shipping solutions to its clients.

In 2018, V.F. Tanker LLC joined the Volga Shipping Company, marking a significant milestone in the company's history.

200 Vessels Operate

In 2013, the Volga Shipping Company had a significant fleet of vessels operating in navigation. Approximately 200 vessels were in operation.

The company's fleet included various types of ships, with 74 of them being Volga-Don type ships for transporting goods along the rivers of Russia.

A total of 10 Project RSD44 ships and 50 pusher tugs were also part of the fleet. Non-self-propelled ships, also known as barges, made up a substantial portion of the fleet with 78 vessels.

The Volga Shipping Company had four fleet maintenance bases, located in Borskaya, Volzhskaya, Gorodetskaya, and Zvenigovskaya.

Ownership and Agreements

A colorful Saigon Waterbus cruising along the river in Ho Chi Minh City, Vietnam.
Credit: pexels.com, A colorful Saigon Waterbus cruising along the river in Ho Chi Minh City, Vietnam.

The Volga Shipping Company is an open joint stock company, with Volgo-Balt Transport Holding Limited being its main shareholder as of 2013.

The company has a significant partnership with the Seafarers' Union of Russia (SUR), which has been in place since 2021.

This partnership has led to a new collective agreement between Volga Shipping Company and SUR, which aims to improve working conditions and occupational safety throughout the fleet and shore-based divisions.

Owners

The main shareholders play a significant role in a company's decision-making process. Volgo-Balt Transport Holding Limited is the main shareholder of Volga Shipping Company for the year 2013.

Having a single major shareholder can impact the company's direction and priorities. Volga Shipping Company is an open joint stock company.

In an open joint stock company, the ownership is typically distributed among a large number of shareholders.

SUR Signs New Collective Agreement

The Seafarers' Union of Russia (SUR) has made a significant move in securing better working conditions for its members. The union signed a new collective agreement with the Volga Shipping Company.

Colorful ships docked at the Murmansk harbor in Russia under a cloudy sky.
Credit: pexels.com, Colorful ships docked at the Murmansk harbor in Russia under a cloudy sky.

The agreement was signed by Pavel Vinogradov, General Director of JSC "Volga Shipping", and Yury Sukhorukov, Chairman of the Seafarers' Union of Russia. The document was signed during an official ceremony in Nizhny Novgorod.

The new agreement includes updates to the regulatory framework to improve working conditions and occupational safety. Occupational risks throughout the fleet of the Volga Shipping Company and its shore-based divisions will be reduced.

Changes were also made to the agreement to increase wages for marine fleet workers to the level set by the International Transport Workers' Federation. Technical amendments were made to improve the safety of vessels' operation.

The agreement meets all international standards regarding the work of seafarers, primarily the Maritime Labor Convention. It also meets the requirements of the International Transport Workers Federation and Russian legislation.

Thanks to this agreement, seafarers can be sure of decent working conditions on board the vessels of the Volga Shipping Company. The company can be sure that current labor relations will not cause any problems in foreign ports.

Business Decisions

Credit: youtube.com, Volga Shipping Company

Volga Shipping Company has made a significant business decision to leave the segment of oil products transportation.

Established in 1843, the company has a long history of providing shipping services, and it's interesting to see how they're evolving their operations. The company's inland ships are currently undergoing inter-navigation repairs, which is a necessary step to ensure they're in good condition for the upcoming year.

By 2023, the company plans to prepare 185 units of river fleet, which will help them increase their cargo transportation capacity. This is a significant undertaking, and it will be interesting to see how it affects their overall operations.

The company has also planned to continue its programme on modernization of ships, which will help them stay competitive in the market. As someone who's interested in business, it's great to see companies investing in their infrastructure and technology.

Total results of 2022 taking into account the performance of sea-going and rive-sea ships will be summarized in January, which will give us a better idea of the company's overall performance for the year.

Navigation and Geography

Credit: youtube.com, Thawing waters herald the start of shipping season

The Volga Shipping Company is a major player in the navigation of the Volga River. It operates a fleet of over 200 vessels, ranging from passenger ships to cargo vessels.

The Volga River is approximately 3,692 kilometers long, stretching from the Valdai Hills to the Caspian Sea. This makes it the longest river in Europe.

The company's fleet includes vessels that can carry up to 6,000 tons of cargo, making them ideal for transporting goods along the Volga River. This is especially useful for industries such as agriculture and manufacturing.

The Volga Shipping Company also offers passenger services, with some vessels featuring luxurious amenities and accommodations. These services are popular among tourists and locals alike.

Frequently Asked Questions

What is the largest shipping company in Russia?

Sovcomflot is Russia's largest shipping company, specializing in maritime transportation and offshore services. It's a global leader in the industry, with a strong focus on hydrocarbons and energy transportation.

Clara Donnelly

Writer

Clara Donnelly is a versatile writer with a passion for crafting engaging content across various industries. With a keen eye for detail and a knack for storytelling, she brings complex topics to life through her writing. Her expertise spans a range of topics, including sustainable packaging solutions, where she explores innovative ideas and eco-friendly practices that minimize waste and promote environmental responsibility.

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