Ship Development and Management

The core business of Grieg Star is developing and managing our fleet of open hatch vessels. Our joint venture with Gearbulk, G2 Ocean, uses all these highly specialised ships in their world-wide shipping operation. Grieg Star is responsible for managing the ships and for continuously developing them in line with the commercial needs of G2 Ocean. Ship development and ship management are both necessary to ensure a high quality and efficient toolbox for the commercial operation.

We have a group of highly skilled and experienced Vessel Managers who have continuous contact with the Captains and Chief Engineers of the vessels. They use an extensive range of systems to ensure that every part of the operation and maintenance of the ships are it’s very best. In 1992 the then CEO of the company, Per Grieg Sr., drafted the company’s nine rules for maintenance, starting with “Our vessels shall always be in top class condition”. The rules still apply and are followed by the Vessel Managers every day.

We built the open hatch vessels to meet the customers’ high-quality requirements and to deliver superior cargo-care. Our highly qualified seafarers, trained for Grieg Star’s operations, man the ships. We strive to maintain a high return rate among the crew to ensure familiarity with the vessels and operational requirements.

 

Shipowning and Conventional bulk

Grieg Star owns most of our ships. Still, quite a few are on bareboat or long time charter parties as well. A small team handles the financial and legal aspects of shipowning, including investor relations and financing. Together with our partner Maas Capital, we own Grieg Maas. This shipowning company specialises in Ultramax and Supramax bulk vessels. G2 Ocean commercially operates all our conventional bulkers. A specialised team within our Ship Management organisation handles all ships not managed by our own vessel managers. 

 

Stein Andersen

Stein Andersen

Head of Ship Management

Stein Andersen, SVP, is the Head of Grieg Star AS, our Ship Management company. He has a Master’s degree in Offshore engineering at NTH (now NTNU), and 40 years of experience within offshore petroleum and shipping.

Contact:
M: stein.andersen(at)griegstar.com
P:+47 950 88 909

Michael Back

Michael Back

VP Fleet

Michael Back is VP Fleet in Grieg Star. He has more than 25 years experience from Shipping and Offshore Drilling within areas technical operation, maintenance execution, supervising, engineering and planning, he also sailed as Chief Engineer on various vessels.

Contact:
M: michael.back(at)griegstar.com
P:+47 55 57 69 48

Eli Vassenden

Eli Vassenden

VP Shared Services

Eli Vassenden is our VP Shared Services within Grieg Star AS, covering all services from purchasing to Maritime HR. Eli holds more than 35 years experience in the shipping industry, from both ship-owning and supplier side.

Contact:
M: eli.vassenden(at)griegstar.com
P:+47 911 28 135