Erria (ERRIA) Corporate presentation summary

Company overview

• Founded in 1992 and listed on NASDAQ First North Copenhagen in 2007, operating as a global maritime one-stop shop with a strong presence in Asia, especially Vietnam and Singapore.

• Employs 162 people across Denmark, Vietnam, and Singapore, with subsidiaries in container services, offshore, and security solutions.

• Offers services in shipping, offshore operations, logistics, and trading for international clients outsourcing maritime operations.

Business segments and activities

• Shipping division manages five vessels, focusing on technical management, crewing, inspections, and repairs for clients with high complexity needs.

• Marine warranty surveying includes rig move attendance, location approvals, and insurance-related surveys for major underwriters.

• Offshore personnel services supply specialized staff for cable laying, survey, and installation vessels, serving major fiber optic and renewable energy clients.

• Container services handle over 100,000 containers annually, offering repair, storage, and depot services in Vietnam.

• Mermaid Maritime Vietnam provides sales and service of life-saving and fire-fighting equipment, certified by leading manufacturers and authorities.

• Cathay Seal Singapore designs and supplies mechanical and electronic security seals, with manufacturing in China and ISO certifications.

• Nordic Marine Partner delivers technical asset management and consultancy, supporting compliance and decarbonization for shipowners.

Leadership and ownership

• Leadership team strengthened after a 2018 ownership change, with experienced board members and CEO Henrik N. Andersen holding a 6% stake.

• Largest shareholders are Harbour Group (21%), JPJ Invest (12%), and Ellegaard PTE (11%).