Color Line is one of Europe's leading short sea shipping companies operating various types of vessels. It invested 7.5 billion NOK in new ships between 2004-2008, including the M/S Color Fantasy and M/S Color Magic ferries between Oslo and Kiel. The company reorganized in 2004, reducing its fleet from 10 to 6 ships, routes from 6 to 4, and ports from 10 to 7, while increasing productivity and profitability. Color Line now operates 4 routes between 7 ports with around 3,000 employees and an annual turnover of 4.5 billion NOK.