Latvian Shipping Company

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Latvian Shipping Company
Type Joint stock company
Traded as OMX: LSC1R
Industry Shipping
Founded 29 October 1940[1]
Headquarters Riga, Latvia
Area served Worldwide
Key people Simon Richard Blaydes (Chairman of the Management Board)[2]
Paul Thomas (Member of the Management Board)[2]
Revenue 172 million (2008)[3]
Net income Increase 40 million (2008)[3]
Owner(s) Ventspils Nafta (49.94%)[4]
Employees 760
Website http://www.lk.lv/en/

Latvian Shipping Company (Latvian: Latvijas kuģniecība, OMX: LSC1R) is a Latvian shipping company founded 29 October 1940[1] and listed on the NASDAQ OMX Riga. The company owns 20 ships, employing more than 700 seamen from Latvia.[5] The total carrying capacity of the LK fleet is 957 974 DWT and the average age of the fleet does not exceed 6.5 years. [6]
Main shareholder is Ventspils Nafta (49.94%).[4][7]

References


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