State owned | |
Industry | Shipping |
Founded | 1892 |
Headquarters | Varna, Bulgaria |
Revenue | US$ 267 million (2006) |
Number of employees
|
4,000 (2006) |
Navibulgar is a Bulgarian shipping company, the largest in the country, with a fleet of 60 vessels: 46 bulk carriers, 9 container vessels, 5 tanker and chemical vessels and 10 combined tonnage vessels, including their new 30,700-tonne ship, which became a part of their fleet in June 2012.
In 2002, the company acquired Varna shipyard for $16.1m.
In May 2014, Navibulgar completed its set of modern domestically built handymax ships with a deal for a Greek-owned bulker. The vessel is named Wanderlust and was originally ordered for design and building in 1997.