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Saturday, January 25, 2020

Maritime Logistics Professional

December 5, 2019

Grieg Star Adds Newbuild to Fleet

Star Gaia. Image: Grieg Star

Star Gaia. Image: Grieg Star

Norwegean shipping company Grieg Star has taken the 64,000 DWT Star Gaia on a long term tariff contract (lTTC) deal for seven years.

Star Gaia is a part of the G2 Ocean bulk pool.  G2 Ocean is a joint venture of two of the breakbulk and bulk shipping companies: Gearbulk and Grieg Star.

Star Gaia is a newbuild conventional bulk vessel, built at Mitsui Chiba Shipyard in Japan. She was named and delivered to us on the 27th of November, with our Head of Finance, Nicolai Hafeld Grieg, present.

“We are happy to strengthen our conventional bulk position with this LTTC vessel. Our customers require safe, reliable and efficient services and I am confident that new buildings like Star Gaia contribute to that mission.” says CEO Matt Duke.

We prefer to name our bulk vessels after gods and goddesses from Greek mythology. Gaia was the Mother Earth, the mother of the Titans and grandmother of Zeus. The idea of calling her Star Gaia came from several of our employees. One of them said:

“Mother Earth deserves the honor of a ship named after her, to show appreciation of all wonders she has bestowed upon us.”