Arendals Dampskibsselskab AS - ADS - is a privately owned shipping company located in Arendal, Norway, from where it has been operating since its foundation in 1857.
Arendals Dampskibsselskab AS – ADS – is a privately owned shipping company located in Arendal, Norway, from where it has been operating since its foundation in 1857.
The company was originally a liner operator being one of the pioneers on the Norwegian coast in the steamship era. It was acquired and reactivated by its current owners in 2008.
Today ADS manages shipping and offshore projects and investments on behalf of its shareholders and third parties, with the aim to build long term value through strategic management and financial expertise.
ADS is a strong believer in outsourcing ship management and related services and work with the industry’s leading providers to ensure that we meet the highest standards of performance and safety.
ADS Maritime Holding Plc is a shipping investment company established in 2018 and listed on the Euronext Growth Oslo Stock Exchange. Our investing philosophy focuses on counter-cyclical investments.
ADS Maritime Holding Plc is managed by well-established shipping investor and manager Arendals Dampskibsselskab AS.
AET Sea Shuttle Group
AET Sea Shuttle AS was established 2012 by AET – one of the world’s leading petroleum and chemical tanker owners and operators – and ADS. The company currently owns four specialist DP2 Offshore Loading Shuttle Tankers on long-term charters to Norwegian oil major Equinor and trading in the North Sea.
With focus on energy efficiency, part of the fleet operates on LNG dual-fuel solutions for main and auxiliary engines, being the most energy efficient shuttle tankers in the world.
Board of Directors
Bjørn Tore Larsen
Controlling shareholder of ADS, OSM Maritime Group and OSM Aviation Group. Founded the OSM Group in 1989.
Terje Bodin Larsen
Director and CEO
Joined ADS in 2008 from the position as managing director of DSI Norway AS, part of New York based DeWitt Stern Group. Various senior positions with Gard, Storebrand and the banking industry.
Tel: +47 905 35 543
Arendals Dampskibsselskab AS
P.O.Box 198, NO-4802 Arendal, Norway
Organization number NO 990 375 518
Tel: +47 41 49 40 00