The Administration of the Marine Merchant Fleet of Turkmenistan was established in 2010 by Decree of the President of Turkmenistan and changed its organisational and legal form by Decree of the President of Turkmenistan No. I4I79 of 27 March 2015, the Marine Merchant Fleet Administration became the Closed Joint Stock Company "Marine Merchant Fleet".
The shareholders of the Closed Joint Stock Company “Marine Merchant Fleet” are the “Turkmendenizderyayollary” agency, Turkmenbashi International Sea Port, the “Deryayollary” Production Association and the Closed Joint Stock Company “Altyn Asyr”.
One of the main principles of the Company is not only to transport oil and petroleum products by its own vessels abroad, but also to perform international voyages with Company-owned vessels carrying trucks and passengers.
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