shipping offshore founded 1955 as georg eides s nner 1992 1992 current headquarters h ylandsbygd hordaland area served transport and logistics heavy lift operations salvage installation and maintenance of subsea equipment and wind turbines offshore concept development design and engineering key people johannes eide founder and former ceo georg eide chairman of the board and owner revenue nok 60 million q1 2009 1 website http eidemarine.com eide marine services is a shipping and maritime company specialized in transport and logistics heavy lift operations salvage installation and maintenance of subsea equipment and wind turbines offshore . the company has its headquarters in h ylandsbygd . the company was founded in 1992 after the restructuring and merging of eide contracting and eide marine tech . its current ceo is georg eide jr. contents 1 history 1.1 georg eide s s nner 1955 1983 1.2 eide marine services 1983 onwards 2 references history edit georg eide s s nner 1955 1983 edit the company was founded in 1955 as georg eide s s nner by brothers johannes and gerhard eide . named in honour of their late father also a shipbuilder the company focused on building wooden vessels for the fishing industry much like the brothers had learned from their father . during the first decade the company grew fast and by the 1970s the company was one of the leading job suppliers in the local community . in 1982 two subsidiaries eide marine tech and eide contracting were formed to delegate some of the companies assets and operations in a more effective manner . however the company had struggled with financial difficulties since the late 1970s which eventually forcing georg eides s nner to declare bankruptcy in 1983 . the two subsidiaries however continued operations . eide marine services 1983 onwards edit in the next years operations continued as normal albeit now under the name eide contracting one of the subsidiaries . the company would however continue to struggle financially and in 1992 the companies were restructured and merged into a new company eide marine services . however the financial difficulties led the company to sell its main shipping plant halsn y verft to rivals mjellem & karlsen to stabilize its economy . since then eide has risen from financial struggler to golden status clarification needed and today is one of the leading firms in the west norwegian shipping industry specializing in salvage operations . the company was notably involved in the salvaging of ms sleipner and green aalesund as well as m s server giving the company the boost they needed . on june 8 2010 the company announced the signing of a 10 year contract to produce maintenance ships for brazilian firm lupatech . the contract is estimated to give the company an approximate of 6.3 billion nok c. 1 billion usd of revenue until 2020 . 2 3 today eide marine services has its main office in h ylandsbygd in norway with subsidiaries in china holland and brazil . references edit http www.h avis.no nyheter under kontroll 1.1778177 http innsida.no nyhende nye kontraktar til eide marine services 1.5361579 http www.hoylandsbygd.no p 4141 more 4141 retrieved from https en.wikipedia.org w index.php title eide marine services & oldid 652823600 categories shipping companies of norwaycompanies established in 19931993 establishments in norwayhidden categories wikipedia articles needing clarification from june 2013 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 21 march 2015 at 02 31 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view