rune birkeland

New President for the Shipping Division

Rune Birkeland (61) takes over as President and CEO for the shipping division of Grieg Star February 1st, after Tom Rasmussen’s retirement the day before. It has been clear for some time that Birkeland would take over for Rasmussen, and he has spent the last months familiarising himself with the companyRead More

joint venture ext

Joint venture to be named G2 Ocean

The joint venture of Gearbulk and Grieg Star will be named “G2 Ocean”, with a vision and mission to be “pioneering sustainable shipping solutions”. The new dry bulk shipping company announced in a joint statement October 19th will be named “G2 Ocean”. The name retains the “G” from the twoRead More

joint venture ext

Gearbulk and Grieg Star announce intention to enter into a joint venture

PFÄFFIKON, Switzerland and BERGEN, Norway: Gearbulk and Grieg Star today announce their intention to enter into joint venture to establish a highly versatile and customer oriented, world wide dry bulk shipping company. October 19th 2016 The joint venture (JV) will combine the companies’ global resources and expertise to operate theRead More

Star Fuji at the new east dock at Squamish terminals, September 14th 2016.

Opens newly constructed East Dock

Our subsidiary in British Columbia, Squamish Terminals, has begun operations at its new newly constructed East Dock, 17 months after a fire destroyed the original structure. The new dock is completed on-time and on budget, and is designed to support efficient and safe operations – While the fire was devastatingRead More

Captain Paulino B Belen

At sea for all

Sometimes the life at sea may be monotonous. But a seafarer never knows when he needs to step up and become something more – like a lifesaver. It was the night before Christmas Eve 2013. Captain Paulino B. Belen stood on the bridge of STAR ISTIND, looking out over theRead More

vessel side sundown

Grieg Star completes USD 400 million refinancing

Grieg Star is pleased to announce that a USD 400 million refinancing for 23 vessels in total has been completed in June 2016. Grieg Star has completed a senior debt refinancing involving extended maturities for the financing of 23 vessels in the fleet. Loans with original expiry set for 2017/2018Read More

Star Ismene

New SOLAS requirement for shippers – container weight verification

Shipping in containers? Starting July 1st 2016, a new set of requirements regarding the verification of the gross mass of packed containers will come into force. The International Maritime Organization (IMO) adopted a new set of regulations under the Safety of Life at Sea (SOLAS) Convention. The weight of theRead More

Star fingers

Our corporate responsibility

Grieg Star takes its responsibilities seriously. Our Corporate Responsibility Report for 2015 is now ready and well worth reading – see for yourself! “Businesses may not withdraw from reality. We need to sign up. We must understand the importance of long-term perspective. Yes, daily fluctuations in stock prices and quarterlyRead More

office

2015: Relatively good for open hatch – rough for bulk

Grieg Star’s Open Hatch division delivered better than the market in 2015, but still lost USD 7 million. With impairments and loss provisions the bulk division delivered a loss of USD 48 million. The Open Hatch department of Grieg Star delivered better results than expected in 2015, both compared toRead More

Jr. Third Officer Krezl Sarigumba at the bridge of Star Livorno

Our first female Filipina officers

Standing proud in her white officers shirt on the bridge of Star Livorno, Jr. Third Officer Krezl Sarigumba wrote history, as she on the 7th of February became Grieg Star’s first Filipina officer. – I would love to one day be Master of a vessel, to manage my own ship.Read More