Camillo Eitzen & Co
Encyclopedia
Camillo Eitzen & Co is an international shipping company that operates a total of 51 dry bulk, gas tanker
LNG carrier
An LNG carrier is a tank ship designed for transporting liquefied natural gas . As the LNG market grows rapidly, the fleet of LNG carriers continues to experience tremendous growth.-History:...

 and 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:...

 vessels. Including commercial managed and newbuilding ships the group has 136 vessels. The company is controlled by the Eitzen Group
Eitzen Group
Eitzen Group is a shipping and investment corporation based in Oslo, Norway. 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...

 (53%) that it was demerged from in 2004. It is 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...

 and is 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...

. Camillo Etizen & Co are also majority owners of 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...

.

Bulk

June 2010, CECO has sold its entire stake (74.33%) in Eitzen Bulk Shipping A/S (“Eitzen Bulk Shipping”) to Navieras Ultragas Ltda. at an agreed purchase price of $93MM. CECO do not own any shares in Eitzen Bulk Shipping.

Gas

There are two gas subsidiaries, Eitzen Gas that operates 22 vessels with additional six on order and ENGC that operates 18 vessels with additional three on order. In total 49 vessels operated or on order.

Tanker

The group has six tankers owned through the three subsidiaries (organized as komandittselskap) Partankers I KS, Partankers II KS and Partankers III AS with two, three and one ships, respectively. The company previously owned the company Tschudi & Eitzen Shipping.

External links

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