VOLGA SHIPPING ORD
1,240.00
RUB
-210.00
(-14.48%)
VOLGA SHIPPING ORD
MOEX:VFLTP
(Russian Exchange)
Recent
price
1,240.00
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Volga Shipping Company (MOEX: VFLT), legally established as Joint-Stock Company Volga Shipping, is a transportation and logistics enterprise that provides inland waterway and sea-river freight shipping, freight forwarding, and ship repair services. Founded in 1843 and headquartered in Nizhny Novgorod, Russia, the company operates an integrated waterborne transport network utilizing a diversified fleet of river-going and sea-river dry cargo carriers, tugboats, and non-propelled barges. Volga Shipping Company organizes its core operations into several primary service lines, including dry bulk cargo transportation for agricultural commodities such as grain and oilseeds, mineral fertilizers, crushed stone, sand, coal, coke, and iron ore; general and breakbulk cargo logistics for rolled metal products, timber, industrial materials, and containerized goods; project and heavy-lift cargo transport solutions for oversized industrial equipment and energy infrastructure through specialized logistics units such as Volga-Baltic Logistic; push-boat and barge-towing transport services for high-volume river navigation; and comprehensive ship repair, technical maintenance, retrofitting, and modernization services executed through its dedicated shipyards and maintenance bases, including PJSC Pamyat Parizhskoy Communy, Borremflot, and the Voznesenye Repair and Operation Base. The company operates across key Russian inland navigation arteries, including the Volga-Baltic waterway, the Volga-Don canal, and the White Sea-Baltic canal, while extending maritime and river-sea routes throughout the Baltic Sea, Black Sea, Sea of Azov, Caspian Sea, Mediterranean basin, and Middle East, serving international commodity traders, agribusinesses, metallurgical corporations, and industrial infrastructure developers. In recent developments, Volga Shipping Company has executed strategic reorganizations and fleet modernization initiatives. The enterprise completed a major corporate consolidation by merging with North-Western Shipping Company to create a unified cargo shipping platform. Concurrently, the company streamlined its commercial portfolio by divesting its liquid bulk tanker fleet to concentrate capital and operations on dry bulk, breakbulk, and project cargo segments. To support this strategic focus and replace aging tonnage, Volga Shipping Company launched a long-term fleet renewal program centered on the construction and deployment of new Project RSD71 river-sea dry cargo vessels engineered for enhanced fuel efficiency, optimized deadweight capacity, and ice-class navigation. In addition, the company has expanded its commercial routing along the International North–South Transport Corridor via the Caspian Sea, strengthening freight connectivity between Russian manufacturing centers, Central Asia, and Middle Eastern markets.