Det Stavangerske Dampskibsselskap

Det Stavangerske Dampskibsselskap AS
Company typePrivate
IndustryShipping and transport
Founded12 February 1855; 169 years ago (1855-02-12)
HeadquartersStavanger, Norway
Area served
Scandinavia/Baltic
RevenueNOK 5 908 million (2017)
NOK 68 million (2017)
ParentFolke Hermansen AS
SubsidiariesTide AS, DSD Cargo AS, DSD Shipping AS
Websitedsd.no

Det Stavangerske Dampskibsselskap AS (DSD) is a private Norwegian transport and shipping company, established in 1855 with headquarters in Stavanger, Norway.[1] The company operates internationally through its subsidiary companies DSD Shipping AS and DSD Cargo AS. The company is owned by the Hermansen family, through the holding company Folke Hermansen AS, after Folke Hermansen gained control of DSD in 1991.[2] Chairman is Yuhong Jin Hermansen,[1] while Ingvald Løyning has been CEO since 2015.[1][3]

The DSD Group, where Det Stavangerske Dampskibsselskap AS (DSD) is the parent company, wholly or partly owns four subsidiary companies.

  • DSD Shipping AS, a tanker company, which manages the technical and commercial operations of 7 crude oil and product tankers engaged in international shipping.[4]
  • DSD Cargo AS, a shipping company and transport company with a versatile fleet and linear traffic between the Scandinavian countries, the Baltic States, Poland and (Germany).[5]
  • Tide AS is one of Norway's and Denmark's largest bus companies. The business areas are public bus services, express- and airport bus services, as well as charter- and travel management.[6]
  1. ^ a b c "Proff.no – Official Norwegian company register – Det Stavangerske Dampskibsselskab ASA – in Norwegian". Retrieved 28 May 2018.[permanent dead link]
  2. ^ "Folke Hermansens liv – Norwegian newspaper Dagsavisen – in Norwegian". Retrieved 28 May 2018.
  3. ^ "Ny konsernsjef i DSD – in Norwegian". Retrieved 28 May 2018.[permanent dead link]
  4. ^ "About DSD Shipping". Retrieved 28 May 2018.
  5. ^ "About DSD Cargo". Archived from the original on 4 August 2020. Retrieved 28 May 2018.
  6. ^ "About Tide". Retrieved 28 May 2018.