Proud and active owners
The Blue Water Foundation is the primary owner of the Blue Water Group, holding 75% of the shares, with the remaining 25% owned by the Skov family. The Blue Water Group comprises Blue Water companies in Denmark and around the world.
Benefits of foundation ownership
The Blue Water Foundation is an established commercial foundation, operating as a self-governing entity without owners. Our primary focus is on ensuring the long-term ownership, well-being and development of the Blue Water Group, while protecting and evolving the strong culture and values built over more than five decades.
Being foundation-owned offers several advantages, including protection and fostering long-term stability. This ownership structure enables Blue Water to concentrate on its core values and objectives.
Long-term commitment
The Blue Water Foundation's mission – together with the owner family - is to ensure the continued existence of the Blue Water Group as an independent global company with its roots in Esbjerg, Denmark.
Kurt Skov's decision to transfer the majority of Blue Water's shares to the Foundation as a gift in 2007 was driven by the goal of ensuring that the company would continue to thrive, not just financially, but also as an exceptional workplace.
Together we create solutions
For more than 15 years, the Foundation and Blue Water Shipping have worked closely together to create lasting value and ensure that Blue Water has a strong future. At the center are Blue Water’s 2,800 colleagues. Their dedication and professionalism make it possible to build a strong future together.
”
A key strength of family-ownership is that we can think long term, acting with competence and respect for our core values – something that matters to both our clients and colleagues.
Thomas Bek, CEO, Blue Water Shipping