Private company

Polsteam

Logo: polsteam.com3

Shipping company of Poland

Polska Żegluga Morska known as Polsteam or PŻM, is a cargo ship operator based in Szczecin, Poland. Polsteam is a state-owned enterprise with around 3,000 employees. A Chinese-built ship owned by the company, MS Polesie, caused the crash into and sinking of British-flagged MS Verity on 24 October 2023 in the North Sea.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

Jan 2, 1951Founded1
0908 PAZIM Szczecin SZN 0
Photo: Mateusz War. ( Email ), CC BY-SA 3.0, via Wikimedia Commons5

Polska Żegluga Morska known as Polsteam or PŻM, is a cargo ship operator based in Szczecin, Poland. Polsteam is a state-owned enterprise with around 3,000 employees.2

Corporate structure

Polsteam sits at the top of its group. 2 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Polsteam Szczecin

Built from subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Polsteam reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

Polsteam was founded in 1951, nationalizing the assets of two Polish pre-WWII marine freight companies (Gdynia America Line and Żegluga Polska), making it the oldest Polish cargo ship operator in existence.

Initially, Polsteam's fleet comprised 11 ships of joint carrying capacity of approx 27,000 DWT. Among those ships there were: four of the so-called. French ships, which were steamers built in 1926 in French shipyard of Chantiers Navals Français, in Blainville: SS Wieluń, SS Kraków, SS Toruń, SS Poznań, the oldest of the acquired ships was SS Narocz (2,520 DWT) built in 1915 in Great Britain, SS Narew (310 DWT) a small coaster built in 1944 in Germany and SS Elbląg (1,699 DWT) built in 1944. Four ships of B-30 series, constructed in 1949 in Gdańsk Shipyard: SS Sołdek (first ship in the post-WWII history of the Polish shipbuilding industry), SS Jedność Robotnicza, SS Pstrowski and SS Brygada Makowskiego (built in 1950).

In early years of Polsteam's existence, the ship owner's vessels navigated on short and midrange sea routes (i.e. the Baltic Sea, North Sea and Mediterranean Sea). During the course of the first five years, they carried coal, wood, and iron ore. 80-90% of shipping involved tramping services and although the ship operator had three lines since 1951 namely: Szczecin - Stockholm, Szczecin - London - Rouen and Szczecin - Hamburg - Rotterdam - Antwerp.

Fleet

It operates a fleet of 75 vessels (total: 2,500,000 DWT), mostly dry bulk carriers. Polsteam's particular specialty is the transportation of liquid sulfur.

Polsteam also operates a passenger ferry service between Świnoujście and the Swedish ports of Ystad and Trelleborg via its subsidiary Unity Line.

The PZM line operates a bi-weekly service from the IJmuiden docks in Amsterdam to the North American port of Duluth, Minnesota. Five 35,600-tonners were built in Japan by Mitsui over the years 1999-2000, and eight 30,000-tonners were built in China by Nanting Mingde over the years 2010-12. The older "Ziemia" class vessels were withdrawn from the Great Lakes trade before 2013. The dimensions are limited by the locks of the Saint Lawrence Seaway and the 40 ft draught of the Great Lakes Waterway. The Great Lakes Fleet comprise:

From Wikipedia’s article on Polsteam, shared under CC BY-SA 4.0.4

Subsidiaries and ownership

Subsidiaries

From Wikidata.1

Timeline

  1. Jan 2, 1951Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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    Company websitePolsteam logo
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