Last modified: 2006-05-27 by ivan sache
Keywords: golden union | rings: 3 (yellow) |
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House flag of Golden Union - Image by Jarig Bakker, 3 December 2005
Golden Union is involved in several branches of shipping business:
- Travel and tourism (Golden Travel Agency Ltd.)
- Cargo forwarding and logistics (Golden Cargo Ltd.)
- Ship agency (Golden Union Ship Agents Ltd.)
- Chartering and contracting (Golden Union Enterprises)
- Courier services (Golden Courier Ltd.)
- Ship supplies (Cool Ship Supplies)
- Refrigerated warehousing and ice production (Cool S.A.)
The company has its headquarters in Piraeus, with offices in London, St. Petersbourg and Osaka. It employs more than 1,000.
Golden Union was incorporated on 22 February 1977 in Panama by Theodore
Veniamis, still the Chairman and Managing Director of the company.
With the great cement demand by the Middle East and West Africa, the
company pioneered in the transportation of cement in bulk, purchasing a
number of bulk carriers and converting them into cement carriers and
developing its own expertise in the pneumatic conveying of cement.
Later on, the company started to orient itself out of the traditional
cargo ships, renewing its fleet with larger units. Acquiring a good
number of panamaxes, the company performed successfully a number of
contracts for large trading houses. Presently the company is oriented
to larger cape and panamax dry bulk carriers, achieving a dominant
position in dry cargo operators.
Golden Union today manages a fleet of 28 bulk carriers of a total deadweight in excess of 2 million tons.
Source: Company website
Ivan Sache, 6 January 2006
According to Brown's Flags and Funnels of Shipping Companies of the World (1995) [lgr95], the house flag of Golden Union is a blue burgee with three interlaced yellow rings.
Jarig Bakker, 3 December 2005