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Golden Union Shipping Co. S.A. (Shipping company, Greece)

Last modified: 2014-08-02 by ivan sache
Keywords: golden union | rings: 3 (yellow) |
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[Golden Union house flag]

House flag of Golden Union - Image by Jarig Bakker, 3 December 2005

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Presentation of Golden Union

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

House flag of Golden Union

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