ADS Maritime Holding Plc
ADCUF
Other OTC0.16
USD
- -
- -
ISIN
CY0108052115
Return %
Stock
S&P500
1Y
- -
26.53
3Y
6.67
76.60
5Y
6.67
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Terje Bodin Larsen
- Full Time Employees
- 2
- Sector
- Industrials
- Industry
- Marine Shipping
- Address
- OSM House Limassol Cyprus 4532
- IPO Date
- Apr 20, 2020
- Website
- adsmh.com
- Similar Companies
- Business
- ADS Maritime Holding Plc is a Cyprus-based shipping investment company listed on Euronext Growth Oslo that pursues counter-cyclical investments in shipping assets, particularly tankers and bulkers bought at discounted prices relative to newbuilds, as well as projects offering long-term secured cash flows and strong equity returns; its portfolio includes minority stakes in shuttle tankers, MR tankers, chartered tonnage, dive support vessels, and dry bulk carriers. The company holds investments such as a 5% stake in AET Sea Shuttle AS and AET Sea Shuttle II AS owning four modern North Sea shuttle tankers primarily on long-term charters to Equinor; 10% interests in two MR product tankers (Swift and UOG Sparta) and the dive support vessel Southern Star through ParDive Subsea; 20% in chartered-in VLCCs trading in pools like Navig8's VL8 and scrubber-fitted MRs; and serves as commercial or disponent owner on select projects, generating revenue from dividends, management fees, and fair value gains. Founded in 2018 and headquartered at OSM House in Limassol, Cyprus, with operational ties to Arendal, Norway, ADS Maritime targets global maritime markets with a focus on low-risk, high-return opportunities in Europe and Asia. Recent developments include Q3 2025 profit before tax of $1 million driven by fair value adjustments, the exercise of a purchase option on Southern Star generating expected cash inflows in Q1 2026, and a strategic post-quarter investment acquiring a 25% equity stake in ADS Arendal via a $10 million private placement to fund the $20.1 million purchase of a 2013-built Kamsarmax bulk carrier on index-linked charter with $12.25 million debt financing, where ADS acts as disponent owner; this marks a return to direct shipowning exposure after nearly five years, with delivery of the renamed M/V Fjeld Saga anticipated in late 2025. Previously known as ADS Crude Carriers Plc until a 2020 name change following the sale of its three VLCC fleet, the company maintains a lean structure with three employees and continues quarterly reporting, including Q2 and H1 2025 results.