| Company type | Public |
|---|---|
| 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 70 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. [1]
In 2002, the company acquired Varna shipyard for $16.1 million. [2]
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 [3] and was originally ordered for design and building in 1997. [4]
In January 2025 the Navibulgar bulk carrier Vezhen was seized in the Baltic Sea off Karlskrona by Swedish police forces, after a submarine communication cable between Latvia and Sweden had been severed on 26 January. Similar to the cases of Yi Peng 3 and the Eagle S , who are suspected of having cut submarine cables in the Baltic Sea a few weeks prior, using their anchors, the Vezhen is suspected to have committed sabotage under incentive from Russia. Navibulgar CEO Aleksander Kalchev denied that the crew had intentionally committed sabotage, but admitted that they had noticed one of the ships anchors to be damaged on 26 January and said an accident could not be ruled out. [5]
The Soviet Navy was the naval warfare uniform service branch of the Soviet Armed Forces. Often referred to as the Red Fleet, the Soviet Navy made up a large part of the Soviet Union's strategic planning in the event of a conflict with the opposing superpower, the United States, during the Cold War (1945–1991). The Soviet Navy played a large role during the Cold War, either confronting the North Atlantic Treaty Organization in western Europe or power projection to maintain its sphere of influence in eastern Europe.
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