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.

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.

In May 2017, Grieg Star and Gearbulk established their joint venture G2 Ocean; a customer oriented, worldwide dry bulk shipping company.

On October 19, 2016, Grieg Star and Gearbulk announced their intention to enter into a joint venture: G2 Ocean, in order to establish a highly versatile and customer oriented, worldwide dry bulk shipping company.