1940 - 1967

SHV also starts trading in oil
The oil era introduced itself. Before World War I about 94% of the world’s ships’ tonnage was fuelled with coal; by 1939 this was only 48%. In line with the entrepreneurial character and trading spirit of the founders of SHV, the first oil bunker station of SHV was established. The depression in the fishing industry in The Netherlands led to a merger of three important shipping companies. "De Verenigde Exploitatiemij." (VEM) was established with SHV as majority shareholder. SHV sold its first oil to this company for the benefit of the - recently launched - motor trawlers used for fishing.

SHV becomes big in shipping and expands its oil activities
After 1945 SHV’s Rhine-fleet used for transportation of coal was incorporated in its subsidiary NRV (N.V. Nederlandsche Rijnvaart Vereniging) at the time the biggest inland waterway shipping company in the world. In the 1950’s there was a clear switch from solid to liquid fuel. SHV purchased oil interests in Austria and Italy. The trade in all sorts of petroleum products, as well as the oil bunker business gained importance fast.

PAM, Calpam and Dyas
In 1956 the name "Trading", which SHV used for its oil related activities, was changed into "PAM". Under the brand name PAM, SHV supplied oil products, including lubricating oil, and owned a chain of gasoline stations in the Netherlands, Austria and West Germany. The sale of oil for heating homes and industrial purposes was started in the Netherlands as well as in Belgium, Luxembourg and Denmark by the Calpam organisation, in which SHV had a 50% interest. SHV also participated in the development of natural gas in the Netherlands in 1964 - the very beginning - through its subsidiary Dyas.