About Company Latvian Shipping Company (LSC) is a joint stock company listed on the NASDAQ OMX Riga and is primarily engaged in the transportation of oil products, chemicals and crude oil utilizing its handy size and medium range tanker fleet. The Company is proud of its professional and well-trained Latvian officers, crew and shore based staff in Riga. The LSC fleet trades worldwide ranging from the Baltic Sea and Northern Europe to the Black Sea, Mediterranean Sea, Atlantic Ocean, the Caribbean region as well as the far and Middle East. Additionally the tankers within the LSC fleet are specifically designed for trading in ice conditions giving its customers even greater trading flexibility during harsh winter periods. Since 26 June 2002 the largest shareholder of JSC Latvian Shipping Company has been JSC Ventspils Nafta owning 49.94% of the share capital