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This company was established in October 2002

 Sámal Jákup Joensen was the founder of the company and is still active in the company as MD.

 In 2011 Pauli Joensen moved back to the Faroe Islands after some years abroad and joined the company as Board Director.

Pauli Joensen is educated as Master Mariner and has a Master degree in Transport and Maritime Management.

 Since 2011 the company has gone through some radical changes, including changing the name of the company from Bátasølan Sp/f to FMS - Faroe Maritime Services Ltd.

 A new strategy was implemented with focus on Ship Management, recruitment and Process Agency under FAS while preserving the broker department.

 Since the establishment the company has expanded from being a local maritime service supplier into a global maritime service supplier.