DSD

We develop companies and invest in people

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DSD focuses on opportunities. The opportunities that companies and the people who work for them represent. We always want new and old forces to work together and pull in the same direction. That way we develop in parallel with the companies we get involved with.

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As active owners, we have a strategic, dynamic portfolio consisting of companies that we are a part of and that are a part of us. For us, it’s about taking risks that we understand and realising the potential to create sustainable value and generate good results. We are a family-owned company founded in 1855, which has been the proud owner of companies involved in freight transport, passenger services and international shipping.

Business areas

We will be owners of technologically leading and innovative companies in the four business areas mobility, maritime and marine, tourism and health. Today, we have ownership in significant companies with a long history in bus transport, shipping and freight transport, at the same time as we explore and take part in new and groundbreaking business ideas within our business areas.

Our history

At DSD, we have the culture and history to look ahead and have a conscious relationship with the environment around us. We invest in people who want to realize groundbreaking ideas, create world-leading technology and contribute to the society we are part of. We have no ambition to follow developments.

1855

DSD is founded on 12 February 1855 in order to build the paddle steamer “Ryfylke” and operate it on the first commercial passenger services in the Ryfylke region.
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1879

DSD expands into the international market by winning a three-year contract for the summer mail route between Kristiansand in Norway and Fredrikshavn in mainland Denmark.
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1919

DSD joins the Hurtigruten coastal ferry service, giving Stavanger a weekly connection to the route between Bergen and Kirkenes.
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1960

Norway’s first hydrofoil Vingtor starts operating on Norway’s first fast ferry service between Stavanger, Haugesund and Bergen. Travelling at 35 knots, Vingtor covers the distance in just four hours.
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1989

DSD enters the international shipping market through DSD Shipping AS. It soon signs a contract to buy five tankers.
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2004

Nor-Cargo is sold to Posten Norge AS. Nor-Cargo shipping is renamed Nor Lines AS. Shortly afterwards, Nor Lines establishes a nationwide network of land freight services.
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2009

The world’s first passenger ferries powered by natural gas (LNG) enter service on the major commuter route Nesoddtangen-Aker Brygge in Oslo.
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2011

Nor Lines becomes a wholly-owned subsidiary of DSD.

DSD acquires all of the shares in Tide Sjø AS, and changes the name of the company to Norled AS.

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2015

Norled puts the world’s first battery-powered zero-emission ferry, Ampere, into operation on the Lavik-Oppdal route in Sogn.

Nor Lines takes delivery of two award-winning fully LNG-powered cargo ships.

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2017

DSD acquires all of the shares in Tide ASA.

The Nor Lines business is sold to Samskip.

DSD Shipping signs a contract to buy a further four tankers.

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2019

Norled is sold to CapMan Infra and CBRE Caledon Capital Management.

Go Fjords is launched by DSD, marking a new initiative aimed at the international tourism market.

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2020

The company changes name from Det Stavangerske Dampskibsselskab AS to DSD AS (“DSD”).
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