Company Public Joint-Stock North-Western Shipping Company

SZP PAO (Severo-Zapadnoye parokhodstvo PAO) is a Russia-based company, which is engaged in the provision of marine transportation services. The Company was created as a result of the privatization of governmental entity Severo-Zapadnoe rechnoe parakhodstvo. SZP PAO is active mainly in the Northwest Region of the Russian Federation, as well as European countries. It operates through dry-cargo ships, passenger ships, excursion ships and tows on internal and international lines. The Company cargo transportation comprises fertilizers, forest loads, lumber, steel, metal work, construction loads, and grain loads. SZP PAO operates through several subsidiaries, including: SZF OAO, Ladoga Lake Shipping Company Limited and NWS Balt Shipping Company Limited.