Belships

Belships is a bulk carrier operator and ship management company, listed on the Oslo Stock Exchange. The company has head offices in Oslo, Norway and a management subsidiary in Singapore.[1]

Belships ASA
TypeAllmennaksjeselskap
OSE: BEL
Founded1918
HeadquartersOslo, Norway
Key people
Christen Smith (founder), Lorentzen family (owners 1937–2018), Sverre J Tidemand (CEO),
Asbjørn Larsen (Chairman)
RevenueUS$51 million (2006)
$7 million (2006)
Websitewww.belships.com

Belships operates three bulk ships of its own and manages 12 ships owned by Elkem Chartering, in which Belships owns a 50% share. Belships operates other ships on bareboat or time charter.[2]

Christen Smith founded the company in 1918 as Skibsaktieselskabet Christen Smiths Rederi, a pioneering heavy lift specialist.[3] In 1937 the company was restructured, the brothers Axel, Frithjof and Jørgen Lorentzen took a controlling share and the company became listed on the Oslo Stock Exchange.[4]

In the 1960s the company changed its specialism from heavy lift to bulk cargo. In 2018 Belships merged with the Lighthouse companies and the Lorentzen family ended its involvement with the company.[4]

References

  1. Belships Management (Singapore) Pte Ltd
  2. "Fleet". Belships. Retrieved 31 December 2019.
  3. Dunn 1973, p. 191.
  4. "A Voyage between Crises and Successes". Belships. Retrieved 31 December 2019.

Bibliography

  • Dunn, Laurence (1973). Merchant Ships of the World in Colour 1910–1929. London: Blandford Press Ltd. ISBN 0-7137-0569-8.CS1 maint: ref=harv (link)
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