ADS Maritime Holding Plc operates as a shipping investment company primarily focused on owning, chartering, and operating tanker vessels. The company's core assets include investments in shuttle tankers, MR tankers, Very Large Crude Carriers (VLCCs), and chartered tonnage. It aims for counter-cyclical investments by acquiring vessels at prices below newbuilding parity, targeting projects with long-term secured cash flow, low residual risk, and solid equity returns. ADS Maritime is active globally, serving markets in the bulk and tanker shipping segments with an emphasis on marine freight and logistics. Founded in 2018, the company is headquartered in Limassol, Cyprus, and is listed on the Euronext Growth Oslo Stock Exchange under the ticker ADS.
In recent developments, ADS Maritime Holding Plc has returned to direct shipowning after a period of holding minority stakes in various shipping projects. In late 2025, the company acquired a 2016-built Kamsarmax bulk carrier, to be renamed Fjeld Saga, marking a strategic shift back into owning and operating vessels following years of investment in shares of tanker and offshore assets. Additionally, the company holds stakes in modern shuttle tankers operating on long-term charters in the North Sea and has acquired interests in MR tankers including a 10% stake in two vessels managed with disponent ownership responsibilities. These moves indicate a strategic expansion and diversification of its maritime asset portfolio, enhancing both operational control and market presence.
ADS Maritime also maintains international partnerships for technical support and vessel management, reinforcing its operational capabilities across global shipping routes. The company operates within the oil and gas storage and transportation sector and targets customers worldwide with its shipping investment solutions. Its strategic focus is on solid returns through investments in modern, efficient vessels across tanker and bulk segments, reflecting a blend of direct ship ownership and investment holdings. The company’s organizational and operational base is at OSM House, 22 Amathountos, Limassol, Cyprus, under the leadership of CEO Terje Bodin Larsen.
This comprehensive operational profile of ADS Maritime Holding Plc reflects its position as a specialized maritime investment and operational company with an evolving portfolio that now includes direct shipowning alongside its traditional investment roles, supporting sustainable growth in the shipping industry.