VOLGA-BALTIC SHIPHOLDING LTD

None observed in current sources.

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  UFA LIMITED

  shareholder of
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  VOLGA-BALTIC SHIP 1 LIMITED

  shareholder of
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  VOLGA-BALTIC SHIP 2 LIMITED

  shareholder of
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  VOLGA-BALTIC SHIP 3 LIMITED

  shareholder of
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  VOLGA-BALTIC SHIP 4 LIMITED

  shareholder of
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  VOLGA-BALTIC SHIP 5 LIMITED

  shareholder of
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  VOLGA-BALTIC SHIP 6 LIMITED

  shareholder of
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  VOLGA-BALTIC SHIP 7 LIMITED

  shareholder of
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  VOLGA-BALTIC SHIP 8 LIMITED

  shareholder of
• ■
  VOLGA-BALTIC SHIP 9 LIMITED

  shareholder of
• ■
  VOLGA-BALTIC SHIP 10 LIMITED

  shareholder of