Det Stavangerske Dampskibsselskap
Encyclopedia
Det Stavangerske Dampskibsselskap ASA is a private 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 that operates internationally through the subsidiary DSD Shipping AS 13 vessels. The group also owns major parts of Tide
Tide (transportation company)
Tide ASA is a public transport company in Hordaland, Norway which resulted from the merger of Gaia Trafikk and Hardanger Sunnhordlandske Dampskipsselskap . The company provides the public transit network in the city of Bergen, and most of the bus service in Hordaland...

 and Nor Lines
Nor Lines
Nor Lines is a short sea liner shipping and logistics company based in Norway. The company operates 11 vessels in addition to disposition of the cargo sections of the Coastal Express. In addition to along the Norwegian coast, it through the subsidiary Baltic Line operates to Denmark and Finland....

. DSD dates back to 1855 when it was founded. Head offices are located in Stavanger
Stavanger
Stavanger is a city and municipality in the county of Rogaland, Norway.Stavanger municipality has a population of 126,469. There are 197,852 people living in the Stavanger conurbation, making Stavanger the fourth largest city, but the third largest urban area, in Norway...

.

In 2007 the group sold its former subsidiary Stavangerske
Stavangerske
Stavangerske is a defunct Norwegian ferry operator based in Stavanger. A subsidiary of Det Stavangerske Dampskibsselskap , it operates car- and passenger ferries primarily in Rogaland county. The company's ferries with less than 100 seats are operated by Fjordservice...

 to the newly founded Tide ASA. Tide was the result of the merger between Hardanger Sunnhordlandske Dampskipsselskap
Hardanger Sunnhordlandske Dampskipsselskap
Hardanger Sunnhordlandske Dampskipsselskap , founded in 1880, was one of Norway's largest privately held public transportation providers. Its bus operation HSD Buss AS was founded in 1999, and serviced 15 million passengers annually in large parts of western Norway, predominantly in Hordaland...

 and Gaia Trafikk
Gaia Trafikk
Gaia Trafikk was the largest public transportation provider in Bergen and Os, Norway until it merged with HSD forming Tide.Gaia was formed by the 1998 merger of Pan Trafikk, the bus company serving northern and southern Bergen, and Bergen Sporvei, the company serving Bergen's inner city...

. DSD today owns approximately 75% of Tide. It also holds a 50% stake in Nor Lines that operates coastal dry bulk transport south of Bergen and onwards to Scandinavia
Scandinavia
Scandinavia is a cultural, historical and ethno-linguistic region in northern Europe that includes the three kingdoms of Denmark, Norway and Sweden, characterized by their common ethno-cultural heritage and language. Modern Norway and Sweden proper are situated on the Scandinavian Peninsula,...

 and the Baltic Sea
Baltic Sea
The Baltic Sea is a brackish mediterranean sea located in Northern Europe, from 53°N to 66°N latitude and from 20°E to 26°E longitude. It is bounded by the Scandinavian Peninsula, the mainland of Europe, and the Danish islands. It drains into the Kattegat by way of the Øresund, the Great Belt and...

. The company as sold its partial ownership of Nor-Cargo
Nor-Cargo
Nor-Cargo AS is a Norwegian cargo transport and logistics company and subsidiary ofPosten Norge, the Norwegian Postal Service. It operates road, water and air transport. The company operates through 32 Terminals with 1,000 long-distance and 600 distribution trucks...

 and Allianse to Posten Norge, in 2004 and 2006 respectively.

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
x
OK