# Navibulgar

> Mediated Wiki article. Canonical URL: https://mediated.wiki/source/Navibulgar
> Markdown URL: https://mediated.wiki/source/Navibulgar.md
> Source: https://en.wikipedia.org/wiki/Navibulgar
> Source revision: 1357221165
> License: Creative Commons Attribution-ShareAlike 4.0 International (https://creativecommons.org/licenses/by-sa/4.0/)

{{Short description|Bulgarian shipping company}}
{{Infobox company|
  name   =  Navibulgar|
  type   = [Public](/source/public_company) |
  foundation     = 1892 |
  location       =  [Varna](/source/Varna%2C_Bulgaria), [Bulgaria](/source/Bulgaria)|
  num_employees  = 4,000 (2006) |
  revenue        = 12px US$267 million (2006) |
  industry       = [Shipping](/source/Shipping) |
}}

'''Navibulgar''' is a [Bulgaria](/source/Bulgaria)n [shipping](/source/shipping) company, the largest in the country, with a fleet of 70 vessels: 46 [bulk carriers](/source/Bulk_cargo), 9 [container vessels](/source/Intermodal_container), 5 [tanker and chemical vessels](/source/tanker_(ship)), and 10 [combined tonnage vessels](/source/cargo), including their new 30,700-tonne ship, which became a part of their fleet in June 2012.<ref>{{cite web|url=https://www.europost.bg/article?id=4797|title=NaviBulgar gets its new 30,700-tonne ship|publisher=Europost|accessdate=7 March 2013}}</ref>

==Acquisitions==
In 2002, the company acquired Varna shipyard for $16.1&nbsp;million.<ref>{{cite web|url=https://www.marinelink.com/news/article/navibulgar-finalizes-varna-shipyard-acquisition/321136.aspx|title=Navibulgar Finalizes Varna Shipyard Acquisition|date=15 April 2002|publisher=Marine Link|accessdate=11 March 2013}}</ref>

In May 2014, Navibulgar completed its set of modern domestically built [handymax](/source/handymax) ships with a deal for a Greek-owned [bulker](/source/bulker). The vessel is named ''Wanderlust''<ref>{{cite web |url=http://www.tradewindsnews.com/vessel/?id=F190543BECA49D04 |title=Vessel -Tradewindsnews.com |website=www.tradewindsnews.com |url-status=dead |archive-url=https://web.archive.org/web/20140524023430/http://www.tradewindsnews.com/vessel/?id=F190543BECA49D04 |archive-date=2014-05-24}} </ref> and was originally ordered for design and building in 1997.<ref>{{Cite web|url=http://www.tradewindsnews.com/drycargo/337810/nmb-buys-primal-bulker|title = NMB buys Primal bulker &#124; TradeWinds|date = 19 May 2014}}</ref>

== 2025 cable cutting incident ==
thumb|The ''Vezhen'' in 2023.
In January 2025 the Navibulgar bulk carrier ''Vezhen'' was seized in the [Baltic Sea](/source/Baltic_Sea) off [Karlskrona](/source/Karlskrona) by Swedish police forces, after a submarine communication cable between Latvia and Sweden had been severed on 26 January. Similar to the cases of ''[Yi Peng 3](/source/Yi_Peng_3)'' and the ''[Eagle S](/source/Eagle_S)'', who are suspected of having cut submarine cables in the Baltic Sea a few weeks prior, using their [anchor](/source/anchor)s, the ''Vezhen'' is suspected to have committed sabotage under incentive from Russia. Navibulgar CEO Aleksander Kalchev denied that the crew had intentionally committed sabotage, but admitted that they had noticed one of the ships anchors to be damaged on 26 January and said an accident could not be ruled out.<ref>{{cite web|url=https://www.dw.com/en/sweden-seizes-ship-baltic-cable-sabotage/a-71422920|title=Sweden seizes ship suspected of Baltic cable sabotage|date=27 January 2025|publisher=dw.com|accessdate=28 January 2025}}</ref>
Another vessel, the Norwegian-flagged ''Silver Dania'', crewed by native Russians and shuttling between St. Petersburg and Murmansk, was also suspected of having cut the cable, but was released after a short inspection in [Tromso](/source/Tromso).<ref>[https://www.dw.com/en/norway-releases-cargo-ship-in-baltic-cable-sabotage-probe/a-71477546 "Norway releases cargo ship in Baltic cable sabotage probe"] DW.com, 31 January 2025, retrieved 31 January 2025</ref>

On 2 February 2025, a Swedish prosecutor said the incident was an accident, not sabotage, and the ''Vezhen'' had been released. Video had shown a wave hitting the anchor lock which released the anchor, and the autopilot continued to drag the anchor,<ref name=reuters-20250203>{{cite news |url=https://www.reuters.com/world/europe/sweden-rules-out-sabotage-baltic-sea-cable-damage-case-2025-02-03/ |title=Sweden says ship broke Baltic Sea cable by accident |last1=Ahlander |first1=Johan |last2=Jacobsen |first2=Stine |publisher=Reuters |url-access=limited |date=3 February 2025 |access-date=3 February 2025}}</ref> and the case was closed by October 2025.<ref>{{cite web |title=Sweden Cable Break: Accident by Bulker Vezhen Confirmed, Investigation Closed {{!}} Nautical Nova |url=https://nauticalnova.com/mag/sweden-cable-break-accident-by-bulker-vezhen-confirmed-investigation-closed/ |website=Nautical Nova |date=14 October 2025}}</ref>

==References==
{{reflist}}

==External links==
* [https://www.navbul.com Official site]

Category:Shipping companies of Bulgaria
Category:Transport companies established in 1892
Category:Bulgarian companies established in 1892
Category:Economy of Varna, Bulgaria
Category:Transport in Varna, Bulgaria
Category:Baltic infrastructure incidents

{{Bulgaria-company-stub}}

---
Adapted from the Wikipedia article [Navibulgar](https://en.wikipedia.org/wiki/Navibulgar) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Navibulgar?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.