Latvian Shipping Company
Latvian Shipping Company
Joint stock company
Traded as Nasdaq BalticLSC1R
Industry Shipping
Founded 29 October 1940[1]
Headquarters Riga, Latvia
Area served
Key people
Simon Richard Blaydes (Chairman of the Management Board)[2]
Paul Thomas (Member of the Management Board)[2]
Revenue EUR 172 million (2008)[3]
IncreaseEUR 40 million (2008)[3]
Owner Ventspils Nafta (49.94%)[4]
Number of employees

Latvian Shipping Company (Latvian: Latvijas ku?niec?ba, Nasdaq BalticLSC1R) 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]


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