Northern Shipping Company ORD

Northern Shipping Company ORD

1,007.50
RUB
-42.50
(-4.05%)
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Nadezhda Alexandrovna Reshetneva
Sector
Transportation
Industry
Marine shipping
Address
Arkhangelsk Russian Federation
IPO Date
Dec 10, 2004
Website
ansc.ru
Business
Northern Shipping Company PJSC (MOEX: SEMP) is a maritime transport and logistics enterprise primarily engaged in dry cargo shipping, Arctic cabotage, port engineering, and fleet technical management services. Founded in 1870 and headquartered in Arkhangelsk, Russian Federation, the company operates a specialized fleet of ice-class multi-purpose dry cargo carriers, dredgers, and auxiliary vessels operating across the White Sea, Barents Sea, Kara Sea, the Northern Sea Route, the Baltic Sea, and international sea lanes. The company offers a comprehensive portfolio of maritime products and services, including: marine freight transportation of general cargo, containerized goods, sawn timber, round wood, bulk commodities, heavy-lift machinery, and oversized industrial project cargo; Arctic cabotage and expeditionary transport logistics, including Northern Delivery (Severny Zavoz) programs supplying remote northern settlements, military garrisons, and Arctic energy extraction projects; liner and tramp navigation connecting strategic northwestern Russian ports such as Arkhangelsk, Murmansk, Sabetta, Dudinka, and Pevek; technical fleet and hydrotechnical services, comprising harbor basin dredging, fairway bottom-deepening, canal maintenance, and hydrographic assistance; ship repair, technical management, and marine engineering, encompassing dock overhauls, hull repairs, engine maintenance, and classification surveys; and marine support services, providing port agency, customs clearance, freight forwarding, shipbroking, and maritime crewing solutions. In recent developments, Northern Shipping Company has strategically expanded its operational engagement along the Northern Sea Route, integrating its fleet into regular coastal cabotage runs between Northwest Russia and Far Eastern ports in coordination with federal transport authorities and state infrastructure operators. The enterprise has intensified logistics support for major Arctic infrastructure, mining, and LNG megaprojects, deploying specialized ice-strengthened vessels for year-round and seasonal deliveries. To support increased transit demand and enhance operational resilience, Northern Shipping Company has prioritized vessel modernization, localized repair and maintenance capabilities at its Arkhangelsk base, and expanded its dredging operations to maintain navigable access to key Arctic and river estuary terminals.