Improved market conditions and reduced costs in the Group’s main business segment, contributed to a stronger result in 2019.In total, Grieg Star’s result before tax in 2019 was minus USD 7.3m, up from USD 8.6m in 2018.
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After two years of incremental changes, Grieg Star Group adopts a name to mirror the development. From the 1st of January, the group is called “Grieg Maritime Group”.
With government support worth 46,3 million NOK, a Norwegian partnership aims to build the world’s first green ammonia fueled tanker – to ship green ammonia.
Tuesday, an animous UN General Assembly voted to support the request that all countries define seafarers as key workers. Now we need words to turn into action.
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Matt Duke, CEO
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