The 2025 Annual Report, published on April 30, shows we strengthened our finances and kept investing in safety, renewing our fleet, investing in new business areas, and building long-term resilience.
We are committed to respecting internationally recognised human rights and have clear policies and expectations for our suppliers and partners to ensure people’s safety, well-being and human rights in our operations, our value chain, and the communities in which we operate.
Grieg Maritime Group continued diversifying its business in 2024 while committing to the Open Hatch segment. The financial result ended lower than anticipated.
With a consolidated profit before tax of USD 30.7m and the ordering of four highly efficient newbuilds, 2023 was a strong year for Grieg Maritime Group.
Every day, we search for the best business opportunities, and for ways where we can make difference.
As we laid the final touches of last year’s Annual Report, the Russian invasion of Ukraine had shaken us out of retrospecting, and it was difficult to see anything but the present.
2021 was the first full year since we renamed the company “Grieg Maritime Group”, and we have worked systematically to strengthen each of our business units.
For the Grieg Maritime Group, the global lock-down meant significant obstacles in our usual way of doing business.
Improved market conditions and reduced costsin the Group’s main business segment, contributed to a stronger result in 2019, as open hatch freight earnings ended up close to initial expectations for the year.