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The History of the Maritime Fleet of the USSR

The Maritime Fleet of the USSR was a forerunner to Sovcomflot, which today is the largest shipping company in Russia. The Maritime Fleet of the USSR was established in March 1973 as a way to break the monopoly in foreign trade.

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The History of the Maritime Fleet of the USSR

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  1. THE HISTORY OF THE Maritime Fleet of the USSR VICTOR OLERSKIY Member of the Board of Directors at Russian Fishery LLC

  2. The History of the Maritime Fleet of the USSR The Maritime Fleet of the USSR was a forerunner to Sovcomflot, which today is the largest shipping company in Russia. The Maritime Fleet of the USSR was established in March 1973 as a way to break the monopoly in foreign trade. Victor Olerskiy

  3. Vessel Purchase Sovcomflot The formation of the Maritime Fleet of the USSR facilitated the purchase of a num- ber of vessels through arrangements for long-term leasing, At the end of the lease terms, the new or second-hand vessels came under ownership of the Fleet. These arrangements were known as bareboat charters. In 1988, the Maritime Fleet of the USSR joined with six major shipping compa- nies to form Sovcomflot. Sovcomflot was transformed in 1995 into a joint-stock company, operating under full ownership by the state. " A Foreign Exchange Operating Fund was established in 1976 to fund commercial operations, including the purchase of more than 100 vessels over a 15-year period. Foreign Exchange Operating Fund A Foreign Exchange Operating Fund was established in 1976 to fund commercial operations, including the purchase of more than 100 vessels over a 15-year pe- riod. The earnings generated by bareboat charter vessels and other commercial op- erations fed into this fund. Victor Olerskiy

  4. Victor Olerskiy You can learn more about the history and operations of Sovcomflot by visiting the blog of Victor Olerskiy.

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