Kristian Stensby
Encyclopedia
Kristian Stensby is 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...

-American entrepreneur and businessman involved in the marine and particularly the cruise line
Cruise line
A cruise line is a company that operates cruise ships. Cruise lines have a dual character; they are partly in the transportation business, and partly in the leisure entertainment business, a duality that carries down into the ships themselves, which have both a crew headed by the ship's captain,...

 industry. Kristian Stensby is the President and Chief Executive Officer of Ocean Group.

Background

Stensby spent 18 months in the Royal Norwegian Air Force
Royal Norwegian Air Force
The Royal Norwegian Air Force is the air force of Norway. It was established as a separate arm of the Norwegian armed forces on 10 November 1944. The RNoAF's peace force is approximately 1,430 employees . 600 personnel also serve their draft period in the RNoAF...

 (1975–76), before completing Section I of Norwegian Law Studies at the University of Oslo
University of Oslo
The University of Oslo , formerly The Royal Frederick University , is the oldest and largest university in Norway, situated in the Norwegian capital of Oslo. The university was founded in 1811 and was modelled after the recently established University of Berlin...

 in 1978. In 1980, he earned a bachelor's degree in business administration from the University of Denver
University of Denver
The University of Denver is currently ranked 82nd among all public and private "National Universities" by U.S. News & World Report in the 2012 rankings....

, and subsequently completed a foreign student program at San Francisco State University
San Francisco State University
San Francisco State University is a public university located in San Francisco, California. As part of the 23-campus California State University system, the university offers over 100 areas of study from nine academic colleges...

, earning him a Siviløkonom degree from the Norwegian School of Management (Handelshøyskolen BI) in 1982. Stensby first became involved in the cruise industry in an investor/investment banking capacity with a Norwegian investment company owned by Den norske Bank
Den norske Bank
Den norske Bank or DnB was a Norwegian bank that existed between 1990 and 2003 when it merged with Gjensidige NOR to form the present DnB NOR...

 and later with Merrill Lynch
Merrill Lynch
Merrill Lynch is the wealth management division of Bank of America. With over 15,000 financial advisors and $2.2 trillion in client assets it is the world's largest brokerage. Formerly known as Merrill Lynch & Co., Inc., prior to 2009 the firm was publicly owned and traded on the New York...

.

Career

In 1990, Stensby became the founder of Premier Cruises
Premier Cruises
Premier Cruises was a cruise line holding company formed in the early 1990s that focused on the family cruise market as well as on developing cruise operations in new geographic markets...

 and acted as Chairman and CEO up until 1997. Stensby also served as Treasurer of Kloster Cruise Limited (KCL), the parent company of Norwegian Cruise Line
Norwegian Cruise Line
Norwegian Cruise Line is a company operating cruise ships, headquartered in unincorporated Miami-Dade County, Florida. It began operations in 1966 under the name Norwegian Caribbean Line. The company is best known for its Freestyle Cruising concept, which means that there are no set times or...

, Royal Viking Line
Royal Viking Line
The Royal Viking Line was an upmarket cruise line that operated from 1972 until 1998. The company was the brain child of Warren Titus and had its headquarters at One Embarcadero Center in San Francisco.- History :...

, and Royal Cruise Line.

In 2002, Stensby was the founding partner of Ocean Group and has been involved in development projects within the passenger ship industry both on behalf of Ocean Group and related entities.
Stensby was also the founder and promoter of the Ocean Residences ship, which together with Four Seasons Hotels and Resorts
Four Seasons Hotels and Resorts
Four Seasons Hotels, Inc. is a Canadian-based international ultra-luxury, five-star hotel management company. Travel + Leisure magazine and Zagat Survey rank the hotel chain's 84 properties among the top luxury hotels worldwide...

 was planning to build and operate a unique ultra luxurious fully private residence ship - scheduled to circumnavigate the globe. This floating residential community would be owned and occupied by its residents and consist of 100 private residences ranging in sizes from 1250 sq ft (116.1 m²) to more than 7000 sq ft (650.3 m²). The Ocean Residences ship would be the second residential ship in the world following the introduction of The World
The World (cruise ship)
- External links :* * including her visit to Dartmouth, Devon on 27 July 2010* including the actual ship position via Automatic Identification System *...

, which initially was planned as a combined cruise and residential ship but later converted to become fully residential as well through the acquisition by its resident owners in 2003.

External links

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