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 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

The last piece of Star Gran

This was what was left 98 days after Star Gran arrived at Leyal Ship Recycling Group. See how the first ship recycled according to EU’s regulations was handled.

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A small step towards zero emission shipping

A group of six leading Nordic industry companies has, in line with the UN sustainability goals, joined forces to solve a great societal challenge. The initiative is called Zero Emission Energy Distribution at Sea (ZEEDS).

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Post

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

Visit

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

Management

Matt Duke, CEO
Henry Svendsen, deputy CEO

Phone / e-mail

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