Black Sea Shipping Company (Ukrainian: Чорноморське морське пароплавство) was a major shipping company of the former Soviet Union at Black Sea based in Odessa, Ukraine. During the Soviet rule, the company held the title of world's largest shipping company for at least several years and was instrumental in important foreign trade and international aid initiatives of the Soviet government. In February 2009 it was recognized bankrupt by the Higher Commercial Court of Ukraine (previously by the Commercial Court of Odessa Oblast and the Odessa Appellate Commercial Court).