Who we are?
National Navigation Company was established in 1981 to implement the strategy adopted by the Egyptian government aimed at developing the Egyptian commercial fleet by giving the opportunity to companies and individuals to own commercial vessels without a maximum payload.
National Navigation Company is considered the largest shipping Egyptian company specialized in shipping dry cargo among the world’s largest ports. It is also responsible of conducting regular liner lines for vessels owned or chartered for shipping general cargo among ports in Northern and Western Europe, the Adriatic, the Black Sea, and the Mediterranean Sea.
The ability to meet the requirements of the company’s partners and customers with high efficiency and quality according to a fixed and accurate schedule through developing and enhancing the capacity of the company’s fleet in terms of quality and tonnage to cope with the requirements of the Egyptian and international trade. In addition, the expansion of the company’s current activities and engaging in new ones will offer the company a diversified basket of different activities which will in turn reduce the risk of market fluctuations to achieve an effective participation in the global maritime market and to strengthen the capacity of the Egyptian national fleet in accordance with the international standards of safety and the environment.
- Securing the transfer of Egypt's imports of strategic goods.
- Contributing in the movement of international trade among global ports.
- Providing integrated shipping services with high efficiency that to meet the requirements of our customers and partners and achieving sustained growth rates of shareholders, for the sake of secure and efficient operations of the fleet in line with the requirements of safety and the environment.
- Supporting the maritime transport market with specialized human cadres to achieve the maritime transport system at all levels.
National Navigation Company was established as an Egyptian free-zone company in 1981 by law 43/1974 and its amendments with a paid capital of 50 million USD (100% Egyptian Capital).
In 1985, the company bought 6 vessels with a total tonnage capacity of 244,000 tons divided into 2 vessels (of 32,000 tons deadweight each) and 4 vessels (of 45,000 tons deadweight each) with a total investment cost of 132 million dollars self-financed from its retained earnings/operating surpluses.
During the period from 1993 till 2000 the company adopted a replacement and renewal policy of its fleet by selling 4 old aged dry bulk vessels, 45,000 tons each and bought 4 new dry bulk vessels 70,000 tons each, in addition to a container ship with a capacity of 3000 TEU (first container ship to join the Egyptian fleet), in addition to a ferry vessel with a capacity of 1000 passenger resulting a total tonnage capacity of 321,000 tons with an overall investment cost of $ 240 million, self- financed through retained earnings/ operating surpluses.
In 2003 and according to the government’s policy in managing investment portfolios for holding companies, Egyptian Company for Maritime Transport was merged to National Navigation Co. resulting a capital surplus of 150 million dollars and an increase in the company’s fleet with 2 dry cargo vessels (70,000 tons deadweight each) and a ferry vessel of a total capacity of 1000 passenger besides 2 general cargo vessels (of 12,000 tons deadweight each) resulting in a total company’s fleet of 13 ships with a total tonnage of 553, 000 tons.
In 2005, National Navigation Co. has acquired 90% of Egyptian Navigation Company and 70% of Egyptian Shipping Transport (MARTRANS). Therefore, the capital of National Navigation Co. raised to 180 million USD.
In 2006 In a continuation of what the Company has done throughout its journeys since its establishment in adopting some strategic policies, diversifying its activity, and entering into new activities to face the fluctuations of the shipping market and the risks arising therefrom, the Company entered the field of transporting petroleum, its derivatives and gas locally and internationally through the establishment of the Egyptian Tanker Company (ETC) with an issued capital of 50 million dollars, in which National Navigation Company contributes with 25% with each of the Egyptian Kuwaiti Holding Company and some Egyptian companies, authorities, and banks. The Company currently owns 3 vessels transporting crude oil and its products with a total tonnage of 268,000 DWT.
In 2010, NNC signed a 6-dry bulk vessels shipbuilding contract that is considered the biggest in the Egyptian maritime history. Those new generation vessels with payloads that coincide with the international trade requirements and the latest technological developments in shipbuilding have a total tonnage capacity of 440,000 tons at an investment cost of $ 445 million.
In 2020 As part of the Company's strategy to replace and renew its fleet, the Company has purchased the “Wadi Al-Malekat” Kamsarmax class vessel. The vessel was delivered and the Egyptian flag was raised on March 2021.
In the field of achieving safety and security for the Company and its owned vessels, National Navigation Company was the pioneer in the application of safety and quality systems under the supervision of the International English Classification and Supervision Agency “Lloyd's”, the Company obtained in February 1998 a certificate of conformity with the requirements of the International Safety Management Code for vessel and the Management Quality Certificate (ISO 9002-1994) of the Quality Management Systems.
In 2000, the (ISO 9001-2000) Quality Certificate and it has been continuously updated to reach the latest version of Quality Management for the year 2015, where the ISO 9001-2015 Certificate was obtained.
The International vessel Security Certificate in 2003 under the provisions of the international vessel and Port Facility Security (ISPS) Code.
The BS (18001) Certificate of Occupational Health and Safety Management Systems in 2008, which was merged to become (ISO 45001) in May 2020.
In addition to the ISO (14001) Certificate of the Environmental Management System in 2011.
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