Financial report 2017

Both shipping segments, but particularly open hatch, had another tough year in 2017. In total, Grieg Star’s result before tax ended up at minus USD 30.6m in 2017 and USD minus 30.2m after tax.

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Our responsibility

Grieg Star is committed to the principles in the UN Global Compact and seeks to continuously improve our performance in joint effort with others in the industry.

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Our origin

Grieg Star started in 1961 – but our history goes back to 1884. We are proud to say we are part of more than 130 years of Grieg-history.

Grieg Star is a ship owning and operating company within the open hatch and dry bulk segments. We are a part of the Grieg Group, with a history back to 1884. Together with Gearbulk we own the largest open hatch shipping company in the world, G2 Ocean. We own or operate between 35 and 40 vessels at any given time, with approximately 750 employees in total. A part of Grieg Star is Grieg Green, one of the few companies providing sustainable ship and rig recycling in the world.

Stay up to date on our latest news

Grieg Star recycles first ship under new EU regulations

Feb 20, 2019 | 0 Comments

Today we start the recycling of our faithful Star Gran at LEYAL Ship Recycling in Turkey. She is the first under the new EU recycling regulations.

Grieg Star and Maas Capital establish joint venture

Jan 10, 2019 | 0 Comments

Grieg Star and Maas Capital have established a joint venture for ownership of Supramax- and Ultramax vessels. The new company is named GriegMaas AS.

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Grieg Star Group AS
P.O.Box 781 Sentrum
N0-5807 Bergen

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Visit

Bergen: Grieg-Gaarden, C. Sundtsgate 17
Oslo: Bryggegata 6, 4th floor

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Management

Camilla Grieg, CEO
Henry Svendsen, deputy CEO

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Phone / e-mail

Tel Bergen: +47 55 57 69 50
Tel. Oslo: +47 23 27 41 00
E-mail: contact@griegstar.com