Eidsiva Rederi is an international shipping company based in Oslo

Oslo

Oslo is a municipality, as well as the capital and most populous city in Norway. As a municipality , it was established on 1 January 1838. Founded around 1048 by King Harald III of Norway, the city was largely destroyed by fire in 1624. The city was moved under the reign of Denmark–Norway's King...

 that operates nine car carriers and four Ro-Ro vessels in addition to two other ships. Among the chartering companies are Hyundai

Hyundai

Hyundai ) is a global conglomerate company, part of the Korean chaebol, that was founded in South Korea by one of the most famous businessmen in Korean history: Chung Ju-yung...

 and DFDS Tor Line

DFDS Tor Line

DFDS Tor Line was a freight shipping company owned by the Denmark-based DFDS. DFDS Tor Line was a freight-carrying division of DFDS along with DFDS Lisco, DFDS Lys Line and DFDS Container Line...

.

History

The company was founded as Sverre Ditlev-Simonsen & Co in 1930 by Sverre Ditlev-Simonsen and listed on the Oslo Stock Exchange

Oslo Stock Exchange

The Oslo Stock Exchange serves as the main market for trading in the shares of Norwegian companies. It opens at 9:00am and closes 5:30pm local time...

 the same year. It started out as a dry cargo and tanker operator. In the 1970s the company entered the offshore sector, operating a number of semi-submersible drilling rigs. In 1990 the offshore subsidiary SDS Drilling was sold to Ross Offshore Group that was later acquired by Transocean

Transocean

Transocean Ltd. is one of the world's largest offshore drilling contractors. The company rents floating mobile drill rigs, along with the equipment and personnel for operations, to oil and gas companies at an average daily rate of US$282,700...

. The company then ventured into the handysize

Handysize

Although there is no official definition in terms of exact tonnages, Handysize most usually refers to a dry bulk vessel with deadweight of about 15,000–35,000 tons...

 bulk market, and entered a cooperation with B. Skaugen Shipping and Fednav Group

Fednav Group

Fednav Group is a group of seven Canadian companies in the Ship transport industry. Primarily involved in transporting bulk cargo and break bulk cargo worldwide, the group is also involved in vessel servicing and cargo handling....

 and along with other companies established the pool Trinity Bulk Carriers. In 1996 the Heje family took a larger ownership in the company.