Mar 29, 2015
Group structure
DSD
Norled
(100%)
DSD Shipping
100%
Norlines
(100%)
Tide AS
(76%)
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Group
• 155 years of maritime history.• 22 years history from international shipping• Main Office in Stavanger, Norway.• Privately owned. Controlled by Mrs Yuhong Jin
Hermansen.• Over 4,000 employees (2011)• Fleet of 100 vessel and 1,400 busses.
• 12 Tankers• 11 Liners /RoRo / Reefers / Pallet Carriers.• 73 Ferry’s / High Speed Crafts
• Strong contract coverage in Norled, Tide and DSD Shipping.
• Conservative profile, stable cash flow.3
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Norled
• 1,100 employees.• Turnover NOK 1,6 Billions.• 73 vessels.• Transport of 8 mill cars and
over 18 mill pax p.a.• Operation from the Oslo Fjord
to Troms County• Operation of 25 ferry and
express boat contracts, about 50 different routes
Financials - Norled:
• Turnover 2011 1,6 Billion NOK• Operational cost (Opex) 0,6 Billion NOK
– Fuel (MGO and LNG)– Maintenance
• Ship yard classification and repair• Service and spare parts• Painting and general maintenance.
• Investment (Capex) present 0,8 Billion NOK– 2 ea gas ferries– 1 ea Conventional car ferry– 1 ea battery driven car ferry– Several upgrades (Environments, efficiency)– Nox - Fond
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