National Navigation Company

National Navigation Company (NNC) is an Egyptian joint stock company founded in 1981 under the Investment and Free Zone System, with initial paid-up capital of US$50 million. It is a leading maritime transport company in the Middle East, specialising in the shipping of dry bulk cargo. The company operates under the provisions of Investment and Free Zone Law No. 72 of 2017. Its capital reached US$375 million by 2019. The Holding Company for Maritime and Land Transport and its affiliated companies contribute 57% of the capital, the National Bank of Egypt approximately 40%, and the remaining 3% comes from the banking sector and public offering. NNC began operations in 1985 with six bulk carriers of 244,000 dwt total. Over the years it absorbed Egypt for Maritime Transport and in 2003 merged with the Egyptian Company for Maritime Transport (Martrans), raising capital to US$150 million. In 2005 it acquired 90% of the Egyptian Company for Maritime Navigation and 70% of Martrans. As of January 2024, the fleet consisted of 16 vessels with a total deadweight of 883,077 tons. The company's services include transportation of dry bulk cargoes (grain and general cargo) worldwide, container feeder services, and ship agency services at all Egyptian ports and during Suez Canal transits. NNC is committed to Egypt's Sustainable Development Strategy Vision 2030, aiming to build, operate and enhance the Egyptian merchant fleet with a modern, safe and eco-friendly fleet. Recent developments include the delivery of new Kamsarmax bulk carriers, a steel cutting ceremony in December 2025, and participation in TransMEA 2025. The company is headquartered in Alexandria, Egypt.

National Navigation Company (NNC) was established in 1981 as an Egyptian joint stock company under the Investment and Free Zone System, with a paid-up capital of US$50 million. It began operations in 1985 with six bulk carriers totalling 244,000 deadweight tons. The company was created to support Egypt's maritime transport sector and to secure the country's foreign trade. In 2003, the Egyptian Company for Maritime Transport (Martrans) was merged into NNC, increasing the company's capital to US$150 million. In 2005, NNC acquired 90% of the Egyptian Company for Maritime Navigation and 70% of Martrans. By 2019, the company's capital had reached US$375 million. As of January 2024, the fleet consisted of 16 vessels with a total deadweight of 883,077 tons. The company operates under the provisions of Investment and Free Zone Law No. 72 of 2017. NNC is majority-owned by the Holding Company for Maritime and Land Transport (57%), with the National Bank of Egypt holding approximately 40%, and the remaining 3% held by the banking sector and public offering. In recent years, NNC has pursued fleet modernisation, signing contracts in 2024 and 2025 for the construction of Kamsarmax bulk carriers (82,000 dwt) at Hantung Shipyard, with deliveries scheduled for 2026 and 2028. The company also received a Maritime Sustainability Award and participated in TransMEA 2025. NNC remains a key player in Egypt's maritime industry, aligned with Egypt's Sustainable Development Strategy Vision 2030.

• 2026

  Minister of Transport led the General Assembly of NNC in April 2026.

• 2025

  Signed contract with Hantung Shipyard for two Kamsarmax bulk carriers (82k dwt) for delivery in 2028; celebrated steel cutting ceremony; participated in TransMEA 2025; received Maritime Sustainability Award.

• 2024

  Signed contract with Hantung Shipyard for two Kamsarmax bulk carriers (82k dwt) for delivery in 2026.

• 2019

  Capital reached US$375 million.

• 2005

  Acquired 90% of the Egyptian Company for Maritime Navigation and 70% of Martrans.

• 2003

  Merged with the Egyptian Company for Maritime Transport (Martrans); capital increased to US$150 million.

• 1985

  Began operations with six bulk carriers totalling 244,000 dwt.

• 1981

  Founded as an Egyptian joint stock company under the Investment and Free Zone System with paid-up capital of US$50 million.

Leading maritime transport company in the Middle East, specialising in dry bulk shipping, with a modern, safe and eco-friendly fleet.

• Dry bulk cargo transportation

  Transportation of dry bulk cargoes including grain and general cargo, with COAs and vessel chartering from USA, Australia, Argentina, Europe, mainly to Egypt and worldwide.

• Container feeder service

  Feeder service for shipper-owned containers (SOC) and carrier-owned containers (COC) between hubs and spoke ports, including inter-coastal and Mediterranean ports via Egyptian hubs.

• Ship agency services

  Full agency services at all Egyptian ports and during Suez Canal transits, including 24/7 service, attendance and assistance with Suez Canal transits, and protecting agency services.

1. 1National Navigation Company Official Websitennc.com.eg
2. 2Services - National Navigation Companynnc.com.eg
3. 3Who We Are - National Navigation Companynnc.com.eg
4. 4Business Reports | Corporate Info | National Navigation Companynnc.com.eg
5. 5National Navigation Company - Wikidatawikidata.org
6. 6شركة الملاحة الوطنية (مصر) - Wikipediaar.wikipedia.org