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Over 155 Years of Maritime Excellence: A Deep Dive into Our Shipping Legacy

With 155 years of maritime history and 22 years in international shipping, our privately-owned group, controlled by Mrs. Yuhong Jin Hermansen, operates from Stavanger, Norway. Our diverse fleet includes 100 vessels, 12 tankers, and 73 ferries, supported by over 4,000 employees. Notably, Norled contributes 1.6 billion NOK in turnover, facilitating the transport of 8 million cars and over 18 million passengers annually across various routes. Our commitment to conservative management ensures stable cash flow and continual investment in innovations for environmental efficiency.

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Over 155 Years of Maritime Excellence: A Deep Dive into Our Shipping Legacy

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  1. Group structure

  2. 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. 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

  4. 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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