| Industry | Shipping |
|---|---|
| Founded | 1992 |
| Headquarters | Høylandsbygd, Hordaland |
| Area served | Ship building, salvation and marine services |
| Key people | Johannes Eide (founder and former CEO) |
| Revenue | Nkr 60 million (Q1 2009)[1] |
| Website | Company site |
Eide Marine Services is a shipping company based in Western Norway, with its headquarters in Høylandsbygd. The company was founded in 1992, after the restructuring and merging of Eide Contracting and Eide Marine Tech. It is currently run by Georg Eide Jr.
The company was originally founded in 1955 as 'Georg Eide's Sønner by brothers Johannes and Gerhard Eide. Named in honour of their late father, who also ran a shipping plant, the company focused on building wooden ships for the fishing industry. During the first decade the company grew fast to become one of the biggest shipping firms in the area, and by the 1970s, the company was one of the leading workplaces for the local community. In 1982, two subsidiaries, Eide Marine Tech and Eide Contracting, were formed. However, since the late 70s the company had struggled with financial difficulties, eventually forcing the company to be declared bankrupt in 1983. The two subsidiaries however, continued operations.
In 1992, the companies were restructed and merged into a new company, Eide Marine Services.
On June 8, 2010, the company announced the signing of a 10-year-contract to produce mainentance ships for Brazilian firm Lupatech. The contract is estimated to give the company an approximate of 6,3 billion NOK (c. 1 billion USD) of revenue until 2020.[2][3]