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Waterfront Shipping

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Waterfront Shipping AS
Company typePublic
IndustryShipping
Founded1988
HeadquartersOslo, Norway
Area servedGlobal
Key peopleLars Erling Krogh (CEO)
Åge Korsvold (Chairman)
RevenueNOK 57 million (2006)
Operating incomeNOK 9 million (2006)
Net incomeNOK 10 million (2006)
ParentKistefos
Websitewaterfront.no

Waterfront Shipping is a shipping company that operates six clean product tankers each at about 84,000 deadweight tonnes. The company is based in Oslo, Norway and is a subsidiary of Kistefos. Commercial management is performed by Dampskibsselskabet TORM of Denmark while Tesma Denmark performs technical management.

History

The company was founded in 1988 as Wind Product Tankers, later changing name to Gyda Shipping and Tschudi & Eitzen Shipping until it took the present name in 1997 when it also was listed on the Oslo Stock Exchange. In 2000 the company was delisted and converted from an ASA to an AS and became a subsidiary of Kistefos.


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