Arendals Dampskibsselskab AS - ADS - is a privately owned shipping company located in Arendal, Norway, from where it has been operating since its foundation in 1857.

ADS MH PLC

ADS Maritime Holding Plc is a shipping investment company established in 2018 and listed on the Euronext Growth Oslo Stock Exchange. Our investing philosophy focuses on counter-cyclical investments.

ADS Maritime Holding Plc is managed by well-established shipping investor and manager Arendals Dampskibsselskab AS.

AET Sea Shuttle Group

AET Sea Shuttle AS was established 2012 by AET – one of the world’s leading petroleum and chemical tanker owners and operators – and ADS. The company currently owns four specialist DP2 Offshore Loading Shuttle Tankers on long-term charters to Norwegian oil major Equinor and trading in the North Sea.

With focus on energy efficiency, part of the fleet operates on LNG dual-fuel solutions for main and auxiliary engines, being the most energy efficient shuttle tankers in the world.

Board of Directors

Bjørn Tore Larsen

Bjørn Tore Larsen

Chairman

Controlling shareholder of ADS, OSM Maritime Group and OSM Aviation Group. Founded the OSM Group in 1989.

Email: btl@ads.no

Terje Bodin Larsen

Terje Bodin Larsen

Director and CEO

Joined ADS in 2008 from the position as managing director of DSI Norway AS, part of New York based DeWitt Stern Group. Various senior positions with Gard, Storebrand and the banking industry.

Email: tbl@ads.no
Tel: +47 905 35 543

Management

Terje Bodin Larsen

Terje Bodin Larsen

Chief Executive Officer

tbl@ads.no
Tel: +47 905 35 543

Kjell Andreassen

Kjell Andreassen

Project Manager

kjell.andreassen@ads.no
Tel: +47 905 45 583