Eitzen Group is a shipping

Shipping

Shipping has multiple meanings. It can be a physical process of transporting commodities and merchandise goods and cargo, by land, air, and sea. It also can describe the movement of objects by ship.Land or "ground" shipping can be by train or by truck...

 and investment

Investment

Investment has different meanings in finance and economics. Finance investment is putting money into something with the expectation of gain, that upon thorough analysis, has a high degree of security for the principal amount, as well as security of return, within an expected period of time...

 corporation 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...

, Norway

Norway

Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million...

. The mother company is Eitzen Holding AS and is entirely owned by the Eitzen family which owns Eitzen Invest and 53.7% of Camillo Eitzen & Co

Camillo Eitzen & Co

Camillo Eitzen & Co is an international shipping company that operates a total of 51 dry bulk, gas tanker and tanker vessels. Including commercial managed and newbuilding ships the group has 136 vessels. The company is controlled by the Eitzen Group that it was demerged from in 2004. It is based...

. The investment company owns a portfolio of real estate and other investments, including Hydranor and a major share of Norse Energy

Norse Energy

Norse Energy is a petroleum and natural gas exploration and production as well as pipeline operator. Though based in Lysaker outside Oslo, Norway the company operates in the United States and Brazil....

 as well as in the fishing industry.

History

The company was founded in 1883 as Camillo Eitzen by Captain Camillo Eitzen. In 1894 Captain Henri F. Tschudi became a partner

Partnership

A partnership is an arrangement where parties agree to cooperate to advance their mutual interests.Since humans are social beings, partnerships between individuals, businesses, interest-based organizations, schools, governments, and varied combinations thereof, have always been and remain commonplace...

 and the company changed its name to Camillo Eitzen & Co. The company bought its first steam ship a year later S/S UTO. In 1936 the company changed its name to Tschudi & Eitzen. It entered the ore-bulk-oil carrier

Ore-bulk-oil carrier

An Ore-bulk-oil carrier, also known as combination carrier or OBO, is a ship designed to be capable of carrying wet or dry cargoes. The idea is to reduce the number of empty voyages, in which large ships only carry a cargo one way and return empty for another. These are a feature of the larger...

 segment in 1967. In 1990 the company bought the Danish

Denmark

Denmark is a Scandinavian country in Northern Europe. The countries of Denmark and Greenland, as well as the Faroe Islands, constitute the Kingdom of Denmark . It is the southernmost of the Nordic countries, southwest of Sweden and south of Norway, and bordered to the south by Germany. Denmark...

 company Skou International and entering the bulk

Bulk material handling

Bulk material handling is an engineering field that is centered around the design of equipment used for the handling of dry materials such as ores, coal, cereals, wood chips, sand, gravel and stone in loose bulk form...

 segment. In 1997 it bought EAC Shipping and in 2001 KIL Shipping and with it entered the tanker

Tanker (ship)

A tanker is a ship designed to transport liquids in bulk. Major types of tankship include the oil tanker, the chemical tanker, and the liquefied natural gas carrier.-Background:...

 sector. In 2004 the company changed name to Camillo Eitzen & Co and listed on the Oslo Stock Exchange when Tschudi & Eitzen merged and the separate company Eitzen Holding owned by the Eitzen family became established. The same year Navale Française was purchased along with Bergesen's Igloo gas fleet. In 2006 both Eitzen Chemical

Eitzen Chemical

Eitzen Chemical is an international shipping company that owns 72, commercial manages additional 12 and has 31 newbuilding chemical tankers. It is the third largest chemical tanker operator by number of vessels in the world. As part of the Eitzen Group it is based in Oslo and listed on the Oslo...

 and Eitzen Maritime Services

Eitzen Maritime Services

Eitzen Maritime Services or EMS is a Norwegian company with three divisions: EMS Ship Supply, EMS Ship Management and EMS Insurance Brokers. It offers services within technical management, ship supply, ship logistics, crew management and ship brokerage...

were created and listed on the Oslo Stock Exchange.