The Polish Steamship Company was established by order of the Minister of Shipping of 2 January 1951.
One of the ships with which Polsteam started its activity was s/s "Sołdek".
Contracts for building of new ships of the "Liberty" and "Empire" types - new vessels allow commencing of ocean voyages.
The line to west Africa appeared among the newly opened shipping lines of the Company.
Dynamic development of the Polsteam’s fleet – quantity of ships in the fleet is over 100.
Modern vessels of the "Ziemia Szczecińska" type allow the shipowner to take voyages around the world.
Opening of the ferry line Poland – Sweden, operated by the ferry "Gryf"; currently four ferries managed by the Polsteam Group operate on this line.
As a result of the reorganization of the merchant shipping, Polsteam was dedicated to the service of irregular shipping. This decision resulted in transfer of part of the bulk and ferry tonnage to PLO P.P., dedicated to liner shipping.
Polsteam began transporting liquid sulfur. In the following years, the shipowner would become the world leader in this market segment.
A new area of activity: supertankers with a DWT of over 140,000 tons - the largest vessels in the history of Polsteam and the Polish merchant shipping.
Shipowner signed the first foreign contract with British shipyards for the construction of 22 new ships.
The first commercial trips in the area of the Great Lakes - today a strategic segment of the Polsteam Group activity.
The economic crisis in Poland caused that the shipowner came up with a transport offer to the operators of foreign cargo.
The beginning of permanent cooperation with the then largest grain company in the world - Cargill Ltd. In later years, Louis Dreyfus Company and Toepfer GmbH will also join this segment of activity.
At the end of 1985 the Polsteam fleet consisted of 127 ships.
New headquarters: Pazim office and hotel complex in Szczecin belonging to the Polsteam Group.
Diversification of Polsteam’s activities in form of a number of SPVs operating within the Polsteam Group.
Establishment of a company within the Polsteam Group dedicated to the operation of ferries - Unity Line, and entry into service of the ferry "Polonia".
The deepest internal crisis in the history of Polsteam - a recovery plan for the company was created.
Restructuring in the Polsteam Group - simplification of the structure, liquidation of unprofitable operations, reduction of employment.
signing of a contract with Tjanjin Xingang Shipbuilding Heavy Industry Co. Ltd. Ltd in China for building of four bulk carriers; in the following years, this shipyard would build for the Polsteam Group a total of 18 bulk carriers with a DWT of approx. 38,000 tons each.
Extension of the ferry offer to Ystad.
The Group's fleet is joined by further vessels contracted in China: laker type, handysize and panamax.
Another modern kamsarmax ships built in Japan entered into service.
A long-term crisis on the freight market caused the threat of loss of liquidity of the Group; by decision of the Minister of Maritime Affairs, a forced administration is introduced to implement the recovery program.
Stabilization of the financial situation of the Polsteam Group - dismissal of the forced administration and reconstruction of the Company's structures.
A new strategy for business development for the coming years; strengthening in strategic business segments: bulk and ferry transport, as well as new investment directions.
