| Type | Private |
|---|---|
| Industry | Shipping |
| Founded | 1855 |
| Headquarters | Stavanger, Norway |
| Area served | Scandinavia/Baltic |
| Key people | Folke Hermansen |
| Revenue | NOK 880 million (2005) |
| Employees | 1,000 (2005) |
| Parent | Hermansen family |
| Subsidiaries | DSD Shipping |
| Website | www.dsd.no |
Det Stavangerske Dampskibsselskap ASA is a private Norwegian shipping company that operates internationally through the subsidiary DSD Shipping AS 13 vessels. The group also owns major parts of Tide and Nor Lines. DSD dates back to 1855 when it was founded. Head offices are located in Stavanger.[1]
In 2007 the group sold its former subsidiary Stavangerske to the newly founded Tide ASA. Tide was the result of the merger between Hardanger Sunnhordlandske Dampskipsselskap and Gaia Trafikk. DSD today owns approximately 75% of Tide.[2] It also holds a 50% stake in Nor Lines that operates coastal dry bulk transport south of Bergen and onwards to Scandinavia and the Baltic Sea. The company as sold its partial ownership of Nor-Cargo and Allianse to Posten Norge, in 2004 and 2006 respectively.