History

Eleen Marine is proud of its remarkable history, which dates back to the 1950s. We have successfully navigated the dynamic events in the history of sea transportation and have grown constantly throughout these years. This is manifested in the roots of the company to this day.

1957

The beginning

The beginning

Eleen Marine’s roots in the transportation industry are dated back to 1957, when “Struma Auto Transport” Ltd. (SAT), was established by the Bulgarian Ministry of Transportation as a nationally integrated road haulage and logistics company with headquarters located in the city of Pernik, Bulgaria.

1988

TIR Convention

TIR Convention

In 1988 SAT obtained “licensing” for international truck transportation (TIR Convention).

1998

“Struma Sea Transport” Ltd (SST)

“Struma Sea Transport” Ltd (SST)

In 1998 the Company established “Struma Sea Transport” Ltd (SST), as a small independent Ship-owner focused in the dry bulk maritime sector.

1999

“SST” was privatized by the Bulgarian State

“SST” was privatized by the Bulgarian State

1999 “SST” was privatized by the Bulgarian State, which created the opportunity for access to private funds and a more flexible commercial management of the company.

2006 – 2016

Following the financial crisis

Following the financial crisis of 2008 – 2014 and the severe down turn of dry bulk markets in 2015 – 2016, SST slowed its growth and started a period of restructuring.

2016

Eleen Marine Ltd

Eleen Marine Ltd

In 2016 the company consolidated its assets and emerged as Eleen Marine Ltd., and started a new chapter of growth within the dry bulk sector and purchased and successfully financing several Surpamax vessels.