Reports / March 15 2014

Annual Report 2013

Financial Statements

Grieg Star’s result for 2013 was better than expected, given slow recovery in global growth and continued weak shipping markets. By delivering a result before tax of USD 22m, based on healthy returns on its financial portfolio and USD 59m in EBITDA from a shipping operation counting 46 vessels, Grieg Star remains solid and well positioned for the anticipated market recovery.

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