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Ofotens Og Vesteraalens Dampskibsselskab
Ofotens og Vesteraalens Dampskibsselskab or OVDS was a Norwegian shipping company that operated ferries in Northern Norway, including the Coastal Express, car ferries and passenger ferries. The company merged with Troms Fylkes Dampskibsselskap in 2006 to form Hurtigruten Group. OVDS's main office was in Narvik while the ferry section was located in Stokmarknes. The company had about 1,500 employees at the time of the merger and operated 14 coastal expresses, 18 car ferries and 14 passenger ferries. OVDS was created as a merger between the two shipping companies Vesteraalens Dampskibsselskab Vesteraalens Dampskibsselskab was a Norway, Norwegian shipping company that operated ferry, ferries in Northern Norway. The ferry service was founded by Richard With on 10 November 1881 at Stokmarknes in Nordland, Norway. That same year, the ship ... (VDS, established in 1881) and Ofoten Dampskipsselskap (ODS, established in 1912). References Ferry companies of Norway Defunct shi ...
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Merger
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must comp ...
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Troms Fylkes Dampskibsselskap
Troms Fylkes Dampskibsselskap or TFDS is a defunct Norwegian shipping company that also has activities in public transport and tourism. Based in Tromsø the company was one of the two operators of the Coastal Express and also operated a number of car ferries and passenger ferries, primarily in Troms. It also operated three supply ships and some other vessels as of 2006. In 2004 TFDS had bought the bus company TIRB. The company dates back to 1866 and has had a number of activities within shipping. It was listed on the Oslo Stock Exchange until 2006 when it merged with Ofotens og Vesteraalens Dampskibsselskab to create Hurtigruten Group Hurtigruten AS is a Norwegian coastal ferry service and cruise line headquartered in Oslo, Norway. It operates ''Hurtigruten'', the coastal ferry service along the Norwegian coast from which it takes its name. In 2020, 81% of the company was o .... At the time of the merger the group had 38 ships, 123 buses and 86 trucks. Ferry companies ...
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Transport Companies Of Nordland
Transport (in British English), or transportation (in American English), is the intentional movement of humans, animals, and goods from one location to another. Modes of transport include air, land ( rail and road), water, cable, pipeline, and space. The field can be divided into infrastructure, vehicles, and operations. Transport enables human trade, which is essential for the development of civilizations. Transport infrastructure consists of both fixed installations, including roads, railways, airways, waterways, canals, and pipelines, and terminals such as airports, railway stations, bus stations, warehouses, trucking terminals, refueling depots (including fueling docks and fuel stations), and seaports. Terminals may be used both for interchange of passengers and cargo and for maintenance. Means of transport are any of the different kinds of transport facilities used to carry people or cargo. They may include vehicles, riding animals, and pack animals. Vehicles may ...
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Defunct Shipping Companies Of Norway
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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Ferry Companies Of Norway
A ferry is a ship, watercraft or amphibious vehicle used to carry passengers, and sometimes vehicles and cargo, across a body of water. A passenger ferry with many stops, such as in Venice, Italy, is sometimes called a water bus or water taxi. Ferries form a part of the public transport systems of many waterside cities and islands, allowing direct transit between points at a capital cost much lower than bridges or tunnels. Ship connections of much larger distances (such as over long distances in water bodies like the Mediterranean Sea) may also be called ferry services, and many carry vehicles. History In ancient times The profession of the ferryman is embodied in Greek mythology in Charon, the boatman who transported souls across the River Styx to the Underworld. Speculation that a pair of oxen propelled a ship having a water wheel can be found in 4th century Roman literature "''Anonymus De Rebus Bellicis''". Though impractical, there is no reason why it could not work ...
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Ofoten Dampskipsselskap
Ofoten is a traditional district in Nordland county in Northern Norway. It consists of the municipalities of Tysfjord, Ballangen, Evenes, Tjeldsund, Narvik, and Lødingen. It is named after the main fjord, Ofotfjorden, which is at the center of this district. The district was home to 29,968 residents in 2016, with almost half of the residents living in the town of Narvik. Geography Ofoten is characterized by fjords surrounded by many mountains with high, jagged peaks reaching up to in height. About 43% of the area lies above . Below elevations of there are forests. Only 11% of the land is below an elevation of . The mountains are high especially in the east. In the interior parts of the municipality, there are a number of glaciers, such as Gihtsejiegŋa, and also many lakes. Besides the Ofotfjorden, there are a number of other fjords that cut into the landscapes, often with steep shorelines. The traditional district of Lofoten lies to the west of Ofoten, to the sou ...
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Vesteraalens Dampskibsselskab
Vesteraalens Dampskibsselskab was a Norway, Norwegian shipping company that operated ferry, ferries in Northern Norway. The ferry service was founded by Richard With on 10 November 1881 at Stokmarknes in Nordland, Norway. That same year, the shipping company's first ship - the steamer DS Vesteraalen from 1865 (ex-SS ''Arendal'') was purchased from Arendals Dampskibsselskab. The company ran in the local transportation route, and then it started the first Hurtigruten, Coastal Express in 1893 with the ship from 1891. The company merged in 1987 with Ofotens Dampskibsselskab and a new company formed; Ofotens og Vesteraalens Dampskibsselskab (OVDS). That company merged with Troms Fylkes Dampskibsselskap in 2006 to form Hurtigruten Group. References External linksHistory of Hurtigruten
Ferry companies of Norway Defunct shipping companies of Norway Transport companies of Nordland Hadsel Companies established in 1881 1881 establishments in Norway Companies disestablished in 1987 ...
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Stokmarknes
is a town and the administrative centre of Hadsel Municipality in Nordland county, Norway. It is located on the northern coast of the island of Hadseløya and on the small, neighboring island of Børøya. In 2000, Stokmarknes received " town status". The town has a population (2018) of 3,367 which gives the town a population density of . Stokmarknes is the headquarters to the Hurtigruten coastal express company and also the Coastal Express Museum. The local hospital for the whole Vesterålen region ( Nordland Hospital) is located in Stokmarknes. Stokmarknes is the home town of Norwegian band Madrugada. The historic Hadsel Church is located about east of Stokmarknes. The Børøy Bridge and Hadsel Bridge connect Stokmarknes to the island of Langøya to the north. Stokmarknes Airport, Skagen is located on Langøya, just over the bridges from Stokmarknes. Media gallery Hadsel, Norway - panoramio.jpg, View of the town Stokmarknes sett fra fly.JPG, Aerial view of the town St ...
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Merger
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must comp ...
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Hurtigruten Group
Hurtigruten AS is a Norwegian coastal ferry service and cruise line headquartered in Oslo, Norway. It operates ''Hurtigruten'', the coastal ferry service along the Norwegian coast from which it takes its name. In 2020, 81% of the company was owned by TDR Capital. The CEO is Daniel Skjeldam. History Hurtigruten AS is the result of a merger between the two previous operators of the Hurtigruten service, Troms Fylkes Dampskibsselskap (TFDS) and Ofotens og Vesteraalens Dampskibsselskab (OVDS). TFDS was founded in 1866, and OVDS was established in 1868. The two companies merged in March 2006 to form Hurtigruten Group ASA, and twelve months later the merged entity assumed the name Hurtigruten ASA. In 2012, the company headquarters was moved from Narvik to Tromsø. In October 2014, TDR Capital purchased a majority ownership of Hurtigruten. In 2015, the legal form of Hurtigruten was changed from ASA to AS. Operations Coastal express service Hurtigruten AS is the sole operator of t ...
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Ferry
A ferry is a ship, watercraft or amphibious vehicle used to carry passengers, and sometimes vehicles and cargo, across a body of water. A passenger ferry with many stops, such as in Venice, Italy, is sometimes called a water bus or water taxi. Ferries form a part of the public transport systems of many waterside cities and islands, allowing direct transit between points at a capital cost much lower than bridges or tunnels. Ship connections of much larger distances (such as over long distances in water bodies like the Mediterranean Sea) may also be called ferry services, and many carry vehicles. History In ancient times The profession of the ferryman is embodied in Greek mythology in Charon, the boatman who transported souls across the River Styx to the Underworld. Speculation that a pair of oxen propelled a ship having a water wheel can be found in 4th century Roman literature "''Anonymus De Rebus Bellicis''". Though impractical, there is no reason why it could not work ...
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Shipping Company
A shipping line or shipping company is a company whose line of business is ownership and operation of ships. Shipping companies provide a method of distinguishing ships by different kinds of cargo: # Bulk cargo is a type of special cargo that is delivered and handled in large quantities. # General cargo, now known as break-bulk cargo, refers to a wide assortment of goods that may be delivered to several ports around the world. # Oil became a crucial part of the shipping industry in the early 20th century. Its use varied from lubrication for developed machinery, burning in boilers and industrial plants, as well as for operating engines. Oil is also primarily shipped by specific shipping companies as opposed to other forms of transportation. This is considered a type of special cargo. The shipping of oil has become a debated issue due to the environmental impacts of both oil spills and oil tankers. # Passenger cargo is the business of transporting people on shipping lines for ...
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