Volga Shipping OJSC plans to open cargo navigation at Upper Volga on April 25 2008. Volga Shipping is the oldest Russian shipping company. It was founded in 1843. Today it is one of four largest shipping companies of Russia. The company’s major shareholders are FIS Metropol Ltd (42% stocks) and State Property Ministry of Russian Federation (25.55% stocks). Volga Shipping is a steadily developing company with more than 300 ships (65 short sea vessels, 67 in land self-propeller ships, as well as 40 tugs, 150 barges 50 comfortable 4,3-deck passenger cruise-ships etc).
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