Bergesen d.y. ASA
Encyclopedia
Bergesen d.y. ASA
Allmennaksjeselskap
Allmennaksjeselskap , or ASA, is the Norwegian term for a public limited company. "ASA" or "asa" is added to the company name of all Norwegian companies registered as Allmennaksjeselskap....

 was a Norwegian
Norway
Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million...

 shipping company, and one of the world's largest.

The company was founded by Sigval Bergesen d.y.
Sigval Bergesen d.y.
Sigval Bergesen d.y. was one of Norway’s leading shipping magnates and industrial entrepreneurs.-Personal life:He was born in Stavanger as a son of Sigval Bergesen , who was also a shipping magnate, and Rachel Racine . He was a grandson of Ole Bergesen, brother of Ole Bergesen and uncle of Berge...

 (1893–1980). He was the son of Sigval Bergesen, who was also a shipping magnate, but in 1935 he broke with his father to form his own company. The same year he bought the tanker President de Vogue (renamed Bergesund), in 1937 Charles Racine and in 1939 Anders Jahre (renamed Bergeland). By the time of the war he then had three major tankers, though Charles Racine was hit by torpedoes and destroyed in 1942. Bergesen used the war to position himself in the market, and by 1950 he had four ships in his fleet, by 1955 the fleet had reached seven, and 16 by 1970. Two of its OBO ships
Ore-bulk-oil carrier
An Ore-bulk-oil carrier, also known as combination carrier or OBO, is a ship designed to be capable of carrying wet or dry cargoes. The idea is to reduce the number of empty voyages, in which large ships only carry a cargo one way and return empty for another. These are a feature of the larger...

, MS Berge Istra
MS Berge Istra
The MS Berge Istra was a ship owned by Norwegian shipping company Sig. Bergesen d.y. and registered in Liberia, an ore-bulk-oil carrier with...

 and MS Berge Vanga
MS Berge Vanga
The MS Berge Vanga was an ore-bulk-oil carrier with . The ship was owned by Norwegian shipping company Sig. Bergesen d.y. and registered in Liberia...

 disappeared under mysterious, however similar circumstances in 1975 and 1979, and the company to this day keeps all information about the disasters secret.

In 1976 Sigval Bergesen d.y. was forced to retire for health reasons. Management of the company was handed over to his two grandchildren, Petter C.G. Sundt and Morten Sig. Bergesen. Ten years later, the company went from being a privately owned to a publicly traded company. Sundt and Sig sold their shares in the company to World-Wide Group in 2003.

Today the company has 3,500 employees worldwide. It is the world's largest owner and operator of gas carriers, a business segment it moved into in 1978, and has a large fleet of liquefied natural gas
Liquefied natural gas
Liquefied natural gas or LNG is natural gas that has been converted temporarily to liquid form for ease of storage or transport....

 (LNG) tankers
Tanker (ship)
A tanker is a ship designed to transport liquids in bulk. Major types of tankship include the oil tanker, the chemical tanker, and the liquefied natural gas carrier.-Background:...

.

Among its fleet of dry bulk cargo
Bulk cargo
Bulk cargo is commodity cargo that is transported unpackaged in large quantities. This cargo is usually dropped or poured, with a spout or shovel bucket, as a liquid or as a mass of relatively small solids , into a bulk carrier ship's hold, railroad car, or tanker truck/trailer/semi-trailer body...

 ship
Ship
Since the end of the age of sail a ship has been any large buoyant marine vessel. Ships are generally distinguished from boats based on size and cargo or passenger capacity. Ships are used on lakes, seas, and rivers for a variety of activities, such as the transport of people or goods, fishing,...

s is the world's largest, the MS Berge Stahl
Berge Stahl
MS Berge Stahl is a Norwegian bulk carrier. Until the delivery of MS Vale Brasil in 2011 she was the longest and largest iron ore carrier in the world. She is registered in Stavanger, Norway and was previously registered in Monrovia, Liberia....

.
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