Alpha Adriatic d.d. is a Croatian

ship management Ship management is the activity of managing marine vessels. The vessels under management could be owned by a sister concern of the ship management company or by independent vessel owners. A vessel owning company that generally has several vesse ...

company. Founded and based in

Pula Pula (; also known as Pola, it, Pola , hu, Pòla, Venetian language, Venetian; ''Pola''; Istriot language, Istriot: ''Puola'', Slovene language, Slovene: ''Pulj'') is the largest city in Istria County, Croatia, and the List of cities and town ...

, the company owns and operates four

bulk carrier A bulk carrier or bulker is a merchant ship specially designed to transport unpackaged bulk cargo — such as grains, coal, ore, steel coils, and cement — in its cargo holds. Since the first specialized bulk carrier was built in 1852, econom ...

s and four

tankers Tanker may refer to: Transportation * Tanker, a tank crewman (US) * Tanker (ship), a ship designed to carry bulk liquids ** Chemical tanker, a type of tanker designed to transport chemicals in bulk ** Oil tanker, also known as a petroleum tanke ...

, five of which are owned by their own subsidiary companies, while 3 ships are entrusted to the Company for management by domestic and foreign third parties. The company also provides ship management services to fleets owned by other

shipping companies The following articles list companies that operate ships: * List of freight ship companies for companies that own and operate the freight ships (Bulk Carriers, Container Ships, Roll-on/Roll-off (for Freights), Tankers and Gas Carriers). ** List o ...

. Alpha Adriatic is a joint-stock company that was founded in 1986 as part of the Uljanik group under the name Uljanik Plovidba, but in 1994 the privatization process began, during which all ownership links between the two companies were severed over the course of four years. However, despite this, there remained confusion about the company's identity, as well as a false impression of the connection with the Uljanik Group, which recently, due to the financial difficulties of the Uljanik Shipyard, made business difficult for the company's management. Therefore, the decision was made to change the name to Alpha Adriatica.

Management

The company is managed by director Igor Budisavljević, and supervision is carried out by the procurator, supervisory and audit committee. It is part of the Uljanik Group, which also includes

Uljanik Uljanik was a shipbuilding company in Pula, Croatia. History Uljanik was founded in 1856, in the carefully selected bay of Pula (then known as Pola) as a shipyard of the Austro-Venetian Navy (from 1867 to 1918 Austro-Hungarian Navy). The foun ...

Shipyard. Alpha Adriatic has three subsidiaries: * United Shipping Services One Inc. - maritime transportation * Real d.o.o. - construction and agriculture * ASP Adriatic d.o.o. - consulting The company's shares are listed on the

Zagreb Stock Exchange The Zagreb Stock Exchange or ZSE ( hr, Zagrebačka burza ) is a stock exchange located in Zagreb, Croatia. It is Croatia's only stock exchange. The exchange trades shares of Croatian companies, as well as bonds and commercial bills. The ZSE was ...

(ZSE) and is one of the 22 companies included in its official

share index In finance, a stock index, or stock market index, is an index that measures a stock market, or a subset of the stock market, that helps investors compare current stock price levels with past prices to calculate market performance. Two of the pri ...

CROBEX CROBEX is the official share index of the Zagreb Stock Exchange. As of August 2022, it includes stocks of 22 companies and is calculated continuously using the latest stock prices. It is measured using free float market capitalization, where the ...

as of August 2022. In 2022 the company posted a total revenue of HRK 263.5 million (US$34.2 million) and a net income of HRK 179.8 million (US$23.3 million), 88 percent up from 2020.

Fleet

Alpha Adriatic d.d. manages a fleet of 4 bulk carriers and 4 tankers. All ships were built in Croatian shipyards. Ships for the transport of bulk cargo in the

Uljanik shipyard Uljanik was a shipbuilding company in Pula, Croatia. History Uljanik was founded in 1856, in the carefully selected bay of Pula (then known as Pola) as a shipyard of the Austro-Venetian Navy (from 1867 to 1918 Austro-Hungarian Navy). The found ...

in Pula, and tankers in the

3. Maj 3. Maj (official name: ''Treći Maj Brodogradilište d.d.''; "Third May Shipyard") is a shipyard in Croatia, located in Rijeka. It builds mainly oil tankers, bulk cargo ships, and container ships. It also sometimes builds smaller passenger ferries ...

shipyard in Rijeka. The average age of the ships in the fleet is 11 years, and 6 ships have Pula as their home port and fly the Croatian flag.

References

External links

* {{CROBEX companies Companies established in 1986 Shipping companies of Croatia Companies listed on the Zagreb Stock Exchange 1986 establishments in Yugoslavia Economy of Pula

Management

Fleet

See also

References

External links