Latvia, Port, Real Estate, Transport
International Internet Magazine. Baltic States news & analytics
Friday, 29.03.2024, 00:33
Latvian Shipping Company has sold its office building in Riga
"LSC will continue to work
in the existing premises until January 2018 and we are delighted to announce
the exclusive lease of the 8th floor of "Place Eleven", located in
the Skanste neighborhood, Sporta Street 11," explains the LSC Chairman of the Management Board Robert Kirkup.
"Place Eleven" is a 14-storey-high Class A office building
that has been put into operation, at the end of 2016. The building has been
constructed according to the sustainable construction standard. The
project won first place in the nomination "The Most Sustainable
Project in Latvia 2015". The building has a convenient infrastructure
network.
JSC "Latvian Shipping Company" (Nasdaq Riga: LSC1R) is vessel owner in the segment of medium and handy size
tankers. The company owns 16 modern vessels employing more than 1300
professional and high-skilled seamen from Latvia. Besides, LSC subsidiary "LSC
Ship management" Ltd is technically serving 9 more vessels, thus managing
a fleet of 25 vessels. The average age of the LSC fleet is 9 years. All of the vessels have received ISM
(International Safety Management) certificates.