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The company was established by Torstein Hagen in St. Petersburg, Russia as Viking River Cruises in 1997. Hagen had become involved in cruising as a McKinsey and Company consultant who helped the Holland America Line survive the 1973 oil crisis, then was CEO of the Royal Viking Line from 1980 to 1984, made money in the Russian private equity markets, then bought a controlling stake in a Dutch ...
Hagen was a consultant and later partner for McKinsey & Company in Europe, helping to bring Holland America Line back from near-bankruptcy in 1974. [5] In 1976, he became CEO of Bergen Steamship Company (Bergenske Dampskibsselskab) and then became CEO of Royal Viking Line from 1980 to 1984. [1] [5] After a failed take-over bid, he had to resign ...
Viking Line's history can be traced back to 1959, when a group of sea- and businessmen from the Åland Islands province in Finland formed Rederi Ab Vikinglinjen, purchased a steam-powered car-ferry SS Dinard from the UK, renamed her SS Viking and began service on the route Korpo (Finland)–Mariehamn (Åland)–Gräddö (Sweden).
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