The as-yet-unnamed company will run the owners’ combined fleet of more than 130 open-hatch, semi-open-hatch and conventional ships. Gearbulk will have 65% of the venture and Grieg Star 35%.
Camilla Grieg, chief executive of Grieg Star, tells TradeWinds the move is “overdue”. “We live in a global world and our customers have been getting bigger and bigger for decades,” she said.
