Hurtigruten AS

Hurtigruten AS
legal form	AS (GmbH)
founding	1866 as Troms Fylkes Dampskibsselskap .
Seat	Tromso Norway;
management	Daniel Skjeldam (CEO)
Number of employees	1,918 (2013)
sales	NOK 3,305 million (2013)
Website	hurtigruten.no

Hurtigruten AS is a Norwegian shipping company based in Tromsø . Its core business is the operation of the ships of the traditional Hurtigruten postal shipping line . Subsidiaries primarily operate the marketing and sales of the trips offered on the shipping company's ships. The company also holds shares in Norwegian transport companies. The home port of all units of the shipping company is Tromsø.

history

The shipping company was founded in March 2006 as a merger of the shipping company Troms Fylkes Dampskibsselskap A / S (TFDS) and Ofotens og Vesteraalens Dampskibsselskap A / S (OVDS). Initially, it traded under the name Hurtigruten Group ASA for one year until it was named Hurtigruten Group ASE (Aktiengesellschaft) in March 2007. With effect from February 17, 2015, Silk Bidco AS took over all shares in Hurtigruten ASE and took Hurtigruten ASE off the stock exchange. The company previously held over 55% of the shares in Hurtigruten. The new legal form is AS (GmbH). Silk Bidco AS is a joint venture between the capital investors Home Capital AS, Periscopus AS and investments funds of the British TDR Capital LLP.

Financial problems

Since it was founded, the shipping company has suffered almost constantly from high levels of debt. Because of these problems, the shipping company was forced to reorganize its business areas. This led to the sale of business areas; then the party separated on 5 January 2009 by its division ferries and "Hurtigbåter" that the subsidiary Torghatten Nord of Torghatten ASA were sold. In addition, all investments in hotels and tour operators were sold in the same year. The Hurtigruten ships Nordlys and Nordnorge were also temporarily launched for cost reasons .

Business areas and investments

The Hurtigruten mail line

Chimney logo of the Hurtigruten

The shipping company operates all ships on the Hurtigruten postal shipping line. Since eleven ships are required for the daily liner service, but twelve ships are available, the Fram has been used for cruises to Greenland and Svalbard since the beginning, although in principle it can also be used on the Hurtigruten, including in Antarctic waters in the winter months.

A new concession agreement was agreed in 2018; from 2021, Hurtigruten AS will only provide seven of the eleven ships required for the daily trips of the postal shipping line. Havila Shipping will then provide four ships . At the same time, new environmental regulations come into force.

The current fleet of mail and expedition ships

Hurtigruten's RoPax ship Midnatsol

Expedition ship Fram of the shipping company

Surname	Construction year	measurement	length	width	Passengers	Shipyard	Status / whereabouts
Lofoten	1964	2,621 GT	87.40 m	13.30 m	400	Akers mekaniske sold	in service
Vesterålen	1983	6,291 GT	108.60 m	16.50 m	510	Kaarbøs Mekaniske Verkstad	in service
Finnmarken	2002	15,539 GT	138.50 m	21.50 m	1000	Kleven Verft	in service
Fram	2007	11,647 GT	113.86 m	20.20 m	318	Fincantieri - Cantieri Navali Italiani	used as an expedition ship
Kong Harald	1993	11,204 GT	121.80 m	19.20 m	691	Volkswerft Stralsund	in service
Midnatsol	2003	16,151 GT	135.75 m	21.50 m	1000	Fosen Yards	in service
Nordlys	1994	11,204 GT	121.80 m	19.20 m	691	Volkswerft Stralsund	in service
Northern Norway	1997	11,384 GT	123.30 m	19.50 m	691	Kleven Verft	in service
North cap	1995	11,386 GT	123.30 m	19.50 m	691	Kleven Verft	in service
Polarlys	1996	11,341 GT	123.00 m	19.20 m	737	Ulstein Verft	in service
Richard With	1993	11,205 GT	121.80 m	19.20 m		Volkswerft Stralsund	in service
Roald Amundsen	2019	21,765 GT	140 m	23.95 m	530	Kleven Verft	in service
Trollfjord	2002	16,140 GT	135.75 m	21.50 m	822	Fosen Yards	in service
Spitsbergen	2009	7,025 GT	97.58 m	18.00 m	320	Estaleiros Navais de Viana do Castelo	in service
Fridtjof Nansen	2019	21,765 GT	140 m	23.95 m	530	Kleven Verft	in service

Hurtigruten expedition ships

In addition to the Fram , Hurtigruten also uses other chartered expedition ships. Currently (as of 2018) the former Hurtigruten post ship Nordstjernen is used for expedition cruises in Spitzbergen ( Svalbard ) during the summer months . The ships Spitsbergen and Midnatsol also operate outside the postal shipping line.

New buildings

When the Road Amundsen and the Fridjof Nansen were ordered in 2016, an option for two more ships was agreed. A sister ship was firmly ordered in 2018 and will be delivered in 2021.

Holdings

A TIRB intercity bus, remarkable is the combination of cargo and passenger cabin (2007)

The shipping company had a 50% stake in the Norwegian shipping company Nor Lines . In addition, Hurtigruten ASA held 70.15% of the shares in TIRB (formerly Troms Innland Rutebil ), which was discontinued on November 1, 2016 , a transport company based in Finnsnes that also used trucks in local and long-distance transport in addition to intercity bus connections . Via TIRB , she was also involved in the regional transport companies Tromsbuss (1960–2008) and Ofotens Bilruter (1938–2008).

Crew and working conditions

View from the bridge of the Trollfjord

The ships of the Hurtigruten carry a special form of the Norwegian national , which they identify as a state mail ship

All Hurtigruten ships sail under the Norwegian flag. As long as the cost is borne by government subsidies, a substantial portion, and a true Ausflagg -Verbot for the shipping company. With only a few exceptions, only Norwegian officers are on board on all ships in the regular service . The proportion of Norwegian workers is also very high for the rest of the crew. In contrast to ships from other shipping companies, the proportion of workers from so-called low-wage countries is negligible. The Hurtigruten ships have a crew of between 31 (Vesterålen) and 85 (Finnmarken) . The crew stays on board for two turns, i.e. 22 days, and then has 22 days off. The change in personnel usually takes place in Bergen.

Web links

Individual evidence

↑ http://www.finanzen.net/bilanz_guv/Hurtigruten_AS
↑ Silk goes compulsory , TradeWinds, December 23, 2014. Accessed April 2, 2015.
↑ Silk Bidco Wants Rest of Hurtigruten's Shares , World Maritime News, October 29, 2014. Retrieved April 2, 2015.
^ Torghatten North. Om selskapet. Torghatten Nord AS, accessed October 25, 2018 (Norwegian).
↑ Hurtigruten buys Portuguese car and pedestrian ferry “Norway Explorer” (provisional name). June 30, 2015, accessed June 30, 2015 .
↑ The new ship is called “Spitsbergen”. September 7, 2015, accessed September 7, 2015 .
↑ Hurtigruten orders new expedition ships. (No longer available online.) April 25, 2016, archived from the original on April 26, 2016 ; Retrieved April 26, 2016 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2
^ Hurtigruten Orders Another Expedition Newbuild. October 25, 2018, accessed October 25, 2018 .
↑ So in the ZDF -doku trolls, fjords and a mail boat

[1] ttp://www.finanzen.net/bilanz_guv/Hurtigruten_AS

[2] Silk goes compulsory , TradeWinds, December 23, 2014. Accessed April 2, 2015.

[3] Silk Bidco Wants Rest of Hurtigruten's Shares , World Maritime News, October 29, 2014. Retrieved April 2, 2015.

[4] Torghatten North. Om selskapet. Torghatten Nord AS, accessed October 25, 2018 (Norwegian).

[5] Hurtigruten buys Portuguese car and pedestrian ferry “Norway Explorer” (provisional name). June 30, 2015, accessed June 30, 2015 .

[6] The new ship is called “Spitsbergen”. September 7, 2015, accessed September 7, 2015 .

[7] Hurtigruten orders new expedition ships. (No longer available online.) April 25, 2016, archived from the original on April 26, 2016 ; Retrieved April 26, 2016 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2

[8] Hurtigruten Orders Another Expedition Newbuild. October 25, 2018, accessed October 25, 2018 .

[9] So in the ZDF -doku trolls, fjords and a mail boat