Morten Ulstein • 1953 • Ulsteinvik • 56 roles • 60 shareholdings

Roles

Management

Name	Role	Total operating income	Total equity	Shares
B BORGSTEIN INVEST AS	Managing Director/CEO	-	22,251,927	20 % indirectly
B BORGSTEIN VERDI AS	Managing Director/CEO	-	52,923,121	20 % indirectly
B BORGSTEIN AS	Managing Director/CEO	49,668,283	726,630,230	20 % indirectly

Boards

Name	Role	Total operating income	Total equity	Shares
M MIMAR BORGSTEIN AS	Chairman	-	61,782,419	100 % directly
M MIMAR AS	Contact Person	1,029,536	35,525,388	58.46 % directly
B BORGSTEIN INVEST AS	Chairman	-	22,251,927	20 % indirectly
B BORGSTEIN VERDI AS	Chairman	-	52,923,121	20 % indirectly
I ISLAND OFFSHORE SHIPPING AS	Chairman	-	16,706,526	20 % indirectly
B BORGSTEIN AS	Chairman	49,668,283	726,630,230	20 % indirectly
B BORGSTEIN SKIPSINVEST AS	Chairman	-	379,024,386	20 % indirectly
I ISLAND OFFSHORE INVEST AS	Chairman	-	-24,141,019	10 % indirectly
I ISLAND OFFSHORE MANAGEMENT AS	Chairman	649,484,332	360,021,698	10 % indirectly
I ISLAND DILIGENCE AS	Chairman	223,805,039	172,929,451	8.36 % indirectly
U ULSTEIN MARINE TECHNOLOGY AS	Chairman	4,798,564	195,035,781	6.63 % indirectly
U ULSTEINVIK UTVIKLING AS	Chairman	5,650,894	16,495,603	6.42 % indirectly
S SNEINGEN AS	Chairman	-	106,003,773	6.2 % indirectly
I ISLAND OCEAN AS	Chairman	-	34,516	5.85 % indirectly
G GREEN ISLAND SHIPHOLDING AS	Chairman	-	131,653,745	5.85 % indirectly
I ISLAND EXPLORER AS	Chairman	-	-19,707	5.85 % indirectly
G GREEN ISLAND PSV AS	Chairman	72,314,657	487,610	5.85 % indirectly
G GREEN ISLAND OI III AS	Chairman	99,947,653	8,122,011	5.85 % indirectly
G GREEN ISLAND CONDOR AS	Chairman	49,968,833	722,717	5.85 % indirectly
G GREEN ISLAND CHAMPION AS	Chairman	113,209,795	10,345,785	5.85 % indirectly
G GREEN ISLAND DRAGON AS	Chairman	-	-1,945,612	5.85 % indirectly
I ISLAND DRILLING CREWING AS	Chairman	150,403,594	16,669	4.14 % indirectly
I ISLAND DRILLING MANAGEMENT AS	Chairman	58,781,554	17,740,876	4.14 % indirectly
I ISLAND DRILLING COMPANY AS	Chairman	63,065,000	-14,155,000	4.14 % indirectly
O OSNESET AS	Board Member	-	1,152,836	2.9 % directly
I ISLAND DEFENDER AS	Chairman	-	2,782,638	2.74 % indirectly
I ISLAND VICTORY AS	Chairman	461,498,986	830,268,604	2.74 % indirectly
I ISLAND OFFSHORE XII SHIP AS	Chairman	246,640,797	1,034,647,312	2.74 % indirectly
I ISLAND OFFSHORE XI AS	Chairman	-	63,661,853	2.07 % indirectly
I ISLAND OFFSHORE V AS	Chairman	-	-245,927,660	1.65 % indirectly
S SUNNMØRE GOLF AS	Board Member	456,000	112,350	1.45 % indirectly
B BJORLIGARD UTBYGGING AS	Chairman	-	-1,737,980	1.18 % indirectly
I ISLAND OFFSHORE XII AS	Chairman	-	315,736,454	0.61 % indirectly
I ISLAND OFFSHORE VIII KS	Chairman	469,422,898	976,731,052	-
I ISLAND OFFSHORE X KS	Chairman	-	-326,881,718	-
I ISLAND OFFSHORE INTERNATIONAL SHIPPING AS	Chairman	-	-3,838,225	-
I IDC HOLDING AS	Chairman	-	1,021,827	-
I ISLAND OFFSHORE VIII AS	Chairman	-	90,593,244	-
A AMNOR BERGEN AS	Board Member	-	11,270,694	-
N NORGES REDERIFORBUND	Board Member	124,749,000	557,082,000	-
A AMNOR BERGEN KS	Board Member	-	22,374,179	-
I ISLAND OFFSHORE X AS	Chairman	-	-347,083	-
I ISLAND DISCOVERER AS	Contact Person	-	1,010,936	-
I ISLAND PIONEER KS	Contact Person	-	107,009,469	-
I ISLAND PIONEER AS	Chairman	-	9,568,973	-
I ISLAND VENTURES 4 AS	Chairman	38,136,803	-66,697,458	-
I ISLAND OFFSHORE III KS	Chairman	266,529,890	520,400,388	-
I ISLAND OFFSHORE SHIPHOLDING LP	Contact Person	-	-	-
N NOR MARINE SERVICE AS	Board Member	-	-	-
I ISLAND EVOLUTION AS	Chairman	-	-	-

Last update: Jul 16, 2025

Related industries8

Direct relationships5

HU
Håvard Ulstein1959
ISLAND OFFSHORE VIII KS, ISLAND OFFSHORE X KS, ISLAND OFFSHORE INTERNATIONAL SHIPPING AS, ISLAND OCEAN AS, ISLAND DEFENDER AS, GREEN ISLAND SHIPHOLDING AS, ISLAND EXPLORER AS, ISLAND VICTORY AS, OSNESET AS, GREEN ISLAND PSV AS, ISLAND OFFSHORE VIII AS, ISLAND OFFSHORE XII SHIP AS, AMNOR BERGEN AS, BORGSTEIN INVEST AS, AMNOR BERGEN KS, BORGSTEIN VERDI AS, ISLAND OFFSHORE X AS, ISLAND DILIGENCE AS, ISLAND OFFSHORE SHIPPING AS, GREEN ISLAND OI III AS, BORGSTEIN AS, ISLAND OFFSHORE MANAGEMENT AS, GREEN ISLAND CONDOR AS, BORGSTEIN SKIPSINVEST AS, ISLAND OFFSHORE V AS, ISLAND OFFSHORE XI AS, ISLAND DISCOVERER AS, ISLAND PIONEER KS, ISLAND PIONEER AS, ISLAND VENTURES 4 AS, GREEN ISLAND CHAMPION AS, ISLAND OFFSHORE III KS, GREEN ISLAND DRAGON AS, ISLAND EVOLUTION AS
GJ
Gary J Chouest1944
ISLAND OFFSHORE XII AS, ISLAND OFFSHORE VIII KS, ISLAND OFFSHORE X KS, ISLAND OFFSHORE INTERNATIONAL SHIPPING AS, IDC HOLDING AS, ISLAND OCEAN AS, ISLAND DEFENDER AS, GREEN ISLAND SHIPHOLDING AS, ISLAND EXPLORER AS, ISLAND VICTORY AS, ISLAND OFFSHORE VIII AS, ISLAND OFFSHORE XII SHIP AS, AMNOR BERGEN AS, AMNOR BERGEN KS, ISLAND OFFSHORE X AS, ISLAND DILIGENCE AS, GREEN ISLAND OI III AS, ISLAND OFFSHORE MANAGEMENT AS, GREEN ISLAND CONDOR AS, ISLAND OFFSHORE XI AS, ISLAND PIONEER KS, ISLAND PIONEER AS, ISLAND VENTURES 4 AS, GREEN ISLAND CHAMPION AS, ISLAND OFFSHORE III KS, ISLAND DRILLING MANAGEMENT AS, ISLAND DRILLING COMPANY AS, NOR MARINE SERVICE AS
DD
Dino David Chouest1969
ISLAND OFFSHORE XII AS, ISLAND OFFSHORE VIII KS, ISLAND OFFSHORE X KS, ISLAND OFFSHORE INTERNATIONAL SHIPPING AS, ISLAND OCEAN AS, ISLAND DEFENDER AS, GREEN ISLAND SHIPHOLDING AS, ISLAND EXPLORER AS, ISLAND VICTORY AS, ISLAND OFFSHORE VIII AS, ISLAND OFFSHORE XII SHIP AS, AMNOR BERGEN AS, AMNOR BERGEN KS, ISLAND OFFSHORE X AS, ISLAND DILIGENCE AS, GREEN ISLAND OI III AS, ISLAND OFFSHORE MANAGEMENT AS, GREEN ISLAND CONDOR AS, ISLAND DISCOVERER AS, ISLAND PIONEER KS, ISLAND VENTURES 4 AS, GREEN ISLAND CHAMPION AS, ISLAND OFFSHORE III KS
MM
Mai-Britt Myklebust1969
ISLAND OFFSHORE XII AS, ISLAND OFFSHORE VIII KS, ISLAND OFFSHORE X KS, ISLAND OFFSHORE INTERNATIONAL SHIPPING AS, ISLAND DEFENDER AS, ISLAND VICTORY AS, ISLAND OFFSHORE VIII AS, ISLAND OFFSHORE XII SHIP AS, AMNOR BERGEN AS, AMNOR BERGEN KS, ISLAND OFFSHORE X AS, ISLAND OFFSHORE SHIPPING AS, BORGSTEIN SKIPSINVEST AS, ISLAND OFFSHORE XI AS, ISLAND VENTURES 4 AS, ISLAND OFFSHORE III KS, ISLAND EVOLUTION AS
GH
Gustav Hasund1985
ISLAND OFFSHORE INVEST AS, GREEN ISLAND SHIPHOLDING AS, ISLAND EXPLORER AS, GREEN ISLAND OI III AS, SNEINGEN AS, ULSTEINVIK UTVIKLING AS, GREEN ISLAND CONDOR AS, SUNNMØRE GOLF AS, GREEN ISLAND CHAMPION AS, GREEN ISLAND DRAGON AS

Shares owned by Morten Ulstein

Name	Share class	Total operating income	Total equity	Share
M MIMAR BORGSTEIN AS	Ordinære aksjer	0	61,782,419	100 % directly
M MIMAR AS	Ordinære aksjer	1,029,536	35,525,388	58.46 % directly
B BORGSTEIN INVEST AS		0	22,251,927	20 % indirectly
B BORGSTEIN VERDI AS		0	52,923,121	20 % indirectly
I ISLAND OFFSHORE SHIPPING AS		0	16,706,526	20 % indirectly
U ULSTEINVIK MARINA AS		12,164,899	641,913	20 % indirectly
B BORGSTEIN AS		49,668,283	726,630,230	20 % indirectly
B BORGSTEIN SKIPSINVEST AS		0	379,024,386	20 % indirectly
U ULSTEIN TECHNOLOGY AS	Ordinære aksjer	100,000	2,095,105	10 % directly
I ISLAND OFFSHORE CREWING AS		286,015,915	3,236,027	10 % indirectly
I IO ULSTEINVIK AS		50,821,466	270,373	10 % indirectly
I ISLAND OFFSHORE MANAGEMENT AS		649,484,332	360,021,698	10 % indirectly
U ULSTEIN MARINE TECHNOLOGY AS		4,798,564	195,035,781	6.63 % indirectly
H HOVDEN KLUBBHUS AS		406,089	3,508,667	6.63 % indirectly
U ULMATEC SERVICES AS		32,267,088	16,104,364	6.63 % indirectly
U ULMATEC EIENDOM HAREID AS		4,943,000	15,209,555	6.37 % indirectly
U ULMATEC HANDLING SYSTEMS AS		373,120,321	106,060,847	6.3 % indirectly
S SNEINGEN AS		0	106,003,773	6.2 % indirectly
B BARO INVEST AS		0	36,359	6 % indirectly
B BARO TECHNOLOGY AS		0	1,694,149	6 % indirectly
U ULMATEC EIENDOM AS		4,192,196	35,236,355	6 % indirectly
I ISLAND OCEAN AS		0	34,516	5.85 % indirectly
G GREEN ISLAND SHIPHOLDING AS		0	131,653,745	5.85 % indirectly
I ISLAND EXPLORER AS		0	-19,707	5.85 % indirectly
G GREEN ISLAND OI III AS		99,947,653	8,122,011	5.85 % indirectly
G GREEN ISLAND CONDOR AS		49,968,833	722,717	5.85 % indirectly
G GREEN ISLAND CHAMPION AS		113,209,795	10,345,785	5.85 % indirectly
C CENTRALEIENDOMMEN AS		1,361,481	3,522,239	5 % indirectly
B BARO INDUSTRIEIENDOM AS		3,200,004	15,621,439	4.2 % indirectly
I ISLAND DRILLING CREWING AS		150,403,594	16,669	4.14 % indirectly
I ISLAND DRILLING COMPANY AS		63,065,000	-14,155,000	4.14 % indirectly
U UMT INVESTMENTS AS		0	10,583,398	3.94 % indirectly
U ULMATEC PYRO AS		114,825,267	30,845,498	3.65 % indirectly
O OSNESET AS	Ordinære aksjer	0	1,152,836	2.9 % directly
U ULSTEIN GROUP ASA	NO0010003411 NO0010003429	24,168,000 24,168,000	435,331,000 435,331,000	< 0.01 % directly < 0.01 % directly
I ISLAND OFFSHORE INVEST AS		0	-24,141,019	10 % indirectly
I ISLAND DILIGENCE AS		223,805,039	172,929,451	8.36 % indirectly
U ULSTEINVIK UTVIKLING AS		5,650,894	16,495,603	6.42 % indirectly
U ULMATEC SKIPSSERVICE AS		140,223,966	15,306,887	6.04 % indirectly
B BARO SOLUTIONS AS		0	111,479	6 % indirectly
G GREEN ISLAND PSV AS		72,314,657	487,610	5.85 % indirectly
G GREEN ISLAND DRAGON AS		0	-1,945,612	5.85 % indirectly
I ISLAND DRILLING MANAGEMENT AS		58,781,554	17,740,876	4.14 % indirectly
P PYRO EIENDOM AS		3,994,200	4,212,821	3.3 % indirectly
I ISLAND DEFENDER AS		0	2,782,638	2.74 % indirectly
I ISLAND VICTORY AS		461,498,986	830,268,604	2.74 % indirectly
I ISLAND OFFSHORE XII SHIP AS		246,640,797	1,034,647,312	2.74 % indirectly
I ISLAND OFFSHORE XI AS		0	63,661,853	2.07 % indirectly
W WEST INSPECTION AS		26,968,140	127,455	2.01 % indirectly
I ISLAND OFFSHORE V AS		0	-245,927,660	1.65 % indirectly
I ISLAND CHAMPION AS		7,964,192	135,361,995	1.46 % indirectly
S SUNNMØRE GOLF AS		456,000	112,350	1.45 % indirectly
B BOREA AS		60,820,795	22,000,000	1.43 % indirectly
U ULSTEIN HOTELL AS		10,982,284	34,029,346	1.42 % indirectly
C COAST SAFARI AS		290	196,357	1.42 % indirectly
B BJORLIGARD UTBYGGING AS		0	-1,737,980	1.18 % indirectly
U ULSTEIN KULTUR- OG KONFERANSESENTER AS		1,300,000	22,499,701	0.71 % indirectly
I ISLAND OFFSHORE XII AS		0	315,736,454	0.61 % indirectly
S SYDVESTOR AS		20,383,239	17,660,692	0.54 % indirectly

Limited to direct ownership positions of 0.5% or more.

Last update: Jun 2, 2025

Morten Ulstein1953

Roles

Management

Boards

Related industries8

Direct relationships5

Shares owned by Morten Ulstein