To enable and guarantee further growth, Holland Norway Lines has raised new equity capital from existing shareholders. In this way, the ferry service wants to further professionalize the organization, increase its market share and continue to improve the travel experience for customers.
Since the start in April of this year, Holland Norway Lines has been doing well. Sailing between Eemshaven and Kristiansand, the route connects Norway and the European mainland in an efficient, comfortable and sustainable way. It is a commercial success, reaching nearly 190.000 passengers in its first year. The organization has the ambition to further develop as a preferred mode of travel between Norway and Europe, both for leisure and cargo. To make this possible, Holland Norway Lines has implemented various changes in the management team.
To enable and guarantee further growth, Holland Norway Lines has raised new equity capital from existing shareholders. In this way, the ferry service wants to further professionalize the organization, increase its market share and continue to improve the travel experience for customers. Holland Norway Lines has the ambition to become the preferred mode of travel between Norway and Europe, both for travelers and for freight,” said Morten Aggvin, recently appointed new CEO of Holland Norway Lines.
Morten Aggvin new CEO Holland Norway Lines
After leading the Norwegian part of Holland Norway Lines since March, Morten Aggvin will now become CEO of the entire Holland Norway Lines group. Aggvin, 41, has extensive experience in the shipping industry, including as CFO at Viking Supply Ships. Now he is taking over responsibility for a ferry company that has just completed its first year, but is already well established in the market with three weekly round trips between Kristiansand in Norway and Eemshaven in the Netherlands.
“We have been incredibly well received by people and carriers, both on the Norwegian and the Dutch side. By the end of the year, we will have transported almost 190.000 people,” says Aggvin. “The number of passengers is much higher than Holland Norway Lines had budgeted for, but the costs - not least for fuel - are also higher. Nevertheless, the start-up year has exceeded expectations”.
Morten Aggvin takes over from Bart Cunnen, who, together with Patrick America Holland Norway Lines founded. Cunnen will continue as Managing Director of the Dutch part of the organization, with a focus on commercial projects. Wilbert Boneschansker has been hired as the new CFO. The addition of Boneschansker will strengthen the company's finance department and position the company for further growth. Boneschansker has held various CFO positions during his career, of which the last 16 years at Groningen Seaports.
