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.

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.

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 major operator within the open hatch sector of shipping. In addition we manage and operate eight conventional bulk carriers. Through our pool agreement with G2 Ocean, we are a part of the largest Open Hatch shipping operation world wide. Through our subsidiary Grieg Green we provide services within ship and offshore rig recycling and IHM, as well as other services to provide sustainable shipping. Our terminal in Squamish provide efficient loading and discharging av goods to and from British Columbia.

Stay up to date on our latest news

Trainees are back in Grieg Star

The rough years of shipping reduced Grieg Star’s focus on maritime trainees. The need for innovation and young blood has brought the trainees back, one of them are Ragnhild Høvik (27).

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


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


Camilla Grieg, CEO
Henry Svendsen, deputy CEO

Phone / e-mail

Tel Bergen: +47 55 57 69 50
Tel. Oslo: +47 23 27 41 00