About Fjord Line
About Fjord Line
Fjord Line is a modern shipping company that offers safe and comfortable transport between Norway and the rest of Europe. The company is expanding rapidly as a result of additional tonnage and expansion of services for passengers and cargo carriers.
In addition to passenger traffic, Fjord Line carries all types of commercial vehicles and freight. These are handled by Fjord Line's cargo departments in Norway and Denmark.
Fjord Line was established in 1993 and has today around 600 employees, of which 170 work on land in Bergen, Stavanger, Egersund, Langesund, Kristiansand, Hirtshals, Sandefjord and Strömstad and 430 work at sea year-round. The workforce increases between April and September by about 150 employees.
Fjord Line has bonds listed on the Oslo Stock Exchange. Rickard Ternblom has been CEO of Fjord Line since 2015.
Fjord Line's fleet
In July 2013, the first of two new and environmentally friendly cruise ferries, MS Stavangerfjord was put in operation. Its sister ship MS Bergensfjord had its first sailing in March 2014. The ships service the routes between Bergen, Stavanger and Hirtshals, and between Hirtshals and Langesund with daily departures throughout the year.
A new route between Sandefjord in Norway and Strömstad in Sweden was launched on 20 June 2014. On this crossing a modernized MS Oslofjord makes two round trips a day all year round.
During the extended summer season, the high speed catamaran HSC Fjord Cat sails the express line between Kristiansand in Norway and Hirtshals in Denmark.
Racing forward on green gas
MS Stavangerfjord and MS Bergensfjord are the first and largest cruise ferries in the world to use "single fuelled LNG engines", meaning that the ships are powered exclusively by liquefied natural gas (LNG). This environmental initiative means that Fjord Line lies in the forefront of new and more stringent emissions regulations, and the environmental benefits will be welcomed along the coast and in the four ports served by the cruise ferries.
The major environmental benefits are:
- 92% reduction in NOx emissions
- 23% reduction in greenhouse gas emissions
- 100% reduction in sulfur emissions
- 98% reduction in particle emissions
Fjord Line's history dates back to 1993. Over the years the company has experienced both clear sailing and rough seas, but is now cruising into the future with a modern fleet.
Denmark Line, England Line and growth
The company began its sailing adventure in 1993 operating between Norway and Denmark. On 27 June that year, MS Bergen began service between Norway and Denmark on the Bergen-Egersund-Hanstholm route. Five years later, Fjord Line's international scope expanded to include sailings between Western Norway and Newcastle in England. The acquisition of the England Line meant that Fjord Line was the only provider of international cruise and cargo transport from Western Norway. This contributed to strong growth for the company.
On 3 April 2003, MS Fjord Norway was christened and put into operation, and in the same year Haugesund became a new port of call for the company. With a significant increase in capacity, this was a year when Fjord Line experienced further growth in the number of travellers.
Tough competition and new owners
Having experienced several years of solid growth and profitability, the company faced major challenges in 2005 when Color Line put MS Prinsesse Ragnhild in service between Western Norway and Denmark. By 2006 the situation was so difficult that the company chose to let DFDS take over the England Line to secure the operation of the service between Western Norway and Denmark.
The journey back from this low point began in 2007 when Fjord Line got new owners. In 2008, Fjord Line merged with Master Ferries and high-speed catamaran HSC Fjord Cat was put into operation between Kristiansand and Hirtshals. Stops in the ports of Egersund, Haugesund and Hanstholm were discontinued and the company's efforts in Western Norway were focused on the Bergen-Stavanger-Hirtshals route.
The start of a new chapter
With new owners and new management, it was decided to invest in two large, modern and environmentally friendly cruise ferries. 14 July 2013 marked the beginning of a new chapter for Fjord Line when the first of the two ships, MS Stavangerfjord, was put into operation. On the same day the company's new service between Langesund and Hirtshals was launched. For the first time, Fjord Line could offer transport between Norway and Denmark to travellers from Eastern Norway.
On 9 March 2014 the identical sister ship, MS Bergensfjord, made her first trip, and since 17 March, Fjord Line's cruise ferries have made almost daily departures all year round between three ports in Norway and Hirtshals in Denmark. In addition, the high-speed catamaran HSC Fjord Cat sails several times a day between Kristiansand and Hirtshals during the summer season.
Sailings between Sandefjord and Strömstad
With new cruise ferries serving the routes between Bergen, Stavanger and Hirtshals and between Langesund and Hirtshals, it was decided that the old MS Bergensfjord would sail on a new route between Sandefjord in Norway and Strömstad in Sweden. The ship began operations on 20 June, 2014 with a new name - MS Oslofjord.
To be best prepared for the new route, the ship was upgraded and modernized at the STX shipyard in Raumo, Finland. Most cabins were removed to make way for large panoramic windows, modern top quality facilities, a large tax-free area and a rich offering of cafeteria and restaurant experiences. The design of the new interior was carried out by Falkum-Hansen Design, who were also involved in the planning and design of the new cruise ferries MS Stavangerfjord and MS Bergensfjord.
Here you will find financial information regarding Fjord Line AS and other information relevent to investors.
(29.11.17) Fjord Line AS quarterly report
(28.04.17) Fjord Line AS annual report
(28.02.17) Fjord Line AS quarterly report
(08.11.16) Fjord Line AS quarterly report
(26.08.16) Fjord Line AS quarterly report
(30.05.16) Fjord Line AS quarterly report
(26.05.16) Fjord Line AS annual report
(29.02.16) Fjord Line AS quarterly report
(25.11.15) Fjord Line AS quarterly report
(31.08.15) Semi annual report
(29.05.15) Fjord Line AS quarterly report
(29.05.15) Fjord Line AS annual report
(05.05.15) Fjord Line AS quarterly report
(19.11.14) Fjord Line AS quarterly report
(16.05.14) Fjord Line AS quarterly report
(29.04.14) Fjord Line AS annual report 2013
(14.11.13) Fjord Line AS quarterly report
(29.08.13) Semi annual report
Fjord Line AS annual report 2012
Fjord Line AS quarterly report
Employment at Fjord Line
If you would like to apply for a job please visit our Danish website. Please note that our employees are required to speak one Scandinavian language (Norwegian, Danish or Swedish).