Making opportunities together

<strong>Making</strong><br />

<strong>opportunities</strong><br />

<strong>together</strong>


In our holds:<br />

We are Grieg Star 4-5<br />

Our responsibility 6-7<br />

The open hatch concept 8-9<br />

Open hatch cargoes 10-13<br />

Our ships and gear 14-15<br />

Conventional bulk 16-17<br />

Our on shore and IT services 18-19<br />

3


From a modest start in 1961, Grieg Star has grown to become<br />

a solid and committed operator in the open hatch and<br />

conventional bulk markets. We service major companies in<br />

fields like forest products, metals, bulk, energy and projects<br />

cargo – as well as other traditional bulk commodities.<br />

We are Grieg Star<br />

Our goal is to help our customers succeed in their business. Therefore<br />

we ensure that we at any time have vessels that are up to the<br />

task of transporting your cargo in a safe and efficient way. Over<br />

the last couple of years we have finished a major new building<br />

program that gave us ten large, state-of-the-art open hatch ships<br />

– a group of ships we proudly call our L-class. They took the place<br />

of older ships, which we in an environmentally sustainable way<br />

recycled through our own recycling company, Grieg Green.<br />

Grieg Star has about 1300 employees and a worldwide presence,<br />

with 17 offices around the globe. They are always there<br />

to help our customers if needed. In addition we have personnel<br />

attending in the ports to make sure safe cargo handling, and a<br />

big group of experienced seafarers to ensure a high quality in<br />

our service.<br />

Grieg Star is a part of the Grieg Group, a conglomerate of companies<br />

with a long and proud maritime tradition. With our global<br />

collective experience, resilience and culture, we adopt technology<br />

and knowledge sharing to drive a change both in business and the<br />

societies in which we operate. Our business is based on long-term<br />

partnerships, creating value within shipping, ship broking, maritime<br />

services & port operations, seafood, investments and finance.<br />

The Grieg Group is a family owned group. Our structure as a<br />

family owned business, <strong>together</strong> with the strength of our company<br />

culture and our dedicated employees, gives us the ability to always<br />

view our business in the long-term prospective, and be responsive<br />

to changes in our business environment. The Group’s strong economic<br />

structure enables us to contribute in other areas in the form<br />

of humanitarian, social, and cultural activities.<br />

4


Quality<br />

We are certified according to ISO 14001, vetted according to Rightship<br />

risk- and environmental vetting ranking, and classed according to highly<br />

reputable IACS class societies.<br />

5


Photo: bcb905<br />

6<br />

Visions, values and ethics<br />

The Grieg Group share common values<br />

through all companies. For details please visit<br />

http://www.grieg.no/


Grieg Star has a vision: No harmful emissions to air, sea<br />

or land. It is a tough vision to live up to, and we are not<br />

there yet - but we strive to be better every day.<br />

Our responsibility<br />

We sail this world of ours every day. We see<br />

the dolphins, the turtles, and the seagulls.<br />

We experience the vast oceans, the crisp air,<br />

and the amazing colours. We know what is<br />

at stake. And we know we can’t solve all the<br />

problems by ourselves.<br />

But we at Grieg Star want to be a part of<br />

the solution, and we are proactively seeking<br />

better solutions for our industry. Through<br />

our engagement with other shipping<br />

companies in Norway, we have developed<br />

a voluntary reporting system for C02-<br />

emissions from vessels; the FRAM project.<br />

Through this project we want to further<br />

develop our platform for sharing best practices<br />

on energy efficiency whilst preparing<br />

for a future C02-reporting regime for the<br />

shipping industry. We set our emission<br />

goals for 2015 in 2006, and are proud to<br />

say we will be able to reduce the energy<br />

consumption of the fleet by far more than<br />

the 20 % we defined in 2006.<br />

Grieg Star is committed to the principles<br />

of the UN Global Compact, and strives to<br />

continuously improve our implementation<br />

of the ten principles. Anti-corruption has<br />

always been high on our corporate<br />

agenda and as members of the businessled<br />

Maritime Anti-Corruption Network,<br />

we have joined forces to target corruption<br />

in high-risk ports. As more and more<br />

companies see the value in working <strong>together</strong><br />

to tackle corruption, our chances of making a<br />

positive impact is also increasing.<br />

We know that our employees are crucial if<br />

we want to succeed in reaching our goals.<br />

Therefore we take their health, security and<br />

training seriously. Through our cooperation<br />

with the World Wildlife Foundation we teach<br />

our cadets about climate changes, CO2 footprints<br />

etc. We offer support to them, their<br />

families and communities if needed, e.g. after<br />

hurricanes.<br />

Opportunities are made not found, and we<br />

will continue to strive towards a sustainable<br />

business environment where we meet the<br />

needs of the present without compromising<br />

the ability for future generations to meet<br />

their needs.<br />

7


General purpose bulk carriers (left) have wide overhangs protruding<br />

over the top, and wing tanks along the bottom, of the holds. Open<br />

hatch carriers (right) have squared holds, making cargo handeling<br />

easier, more efficient, and less costly.<br />

To us, the open hatch design is the logical way to design a<br />

cargo hold for unitized cargo. Even though the design is old, new<br />

technology makes open hatch the unrivalled solution today.<br />

The open<br />

hatch concept<br />

The open hatch design with gantry crane was<br />

developed in the early sixties to handle wood pulp and<br />

paper in the coastal trade on the North American west<br />

coast. The unobstructed, square cargo holds with no<br />

overhanging deck (shoebox), dehumidification systems<br />

and specialised cranes secure accurate, quick and damage-free<br />

load and discharge.<br />

Star Shipping (now Grieg Star) took an early interest<br />

in the design. Following negotiations with some of the<br />

major pulp producers, we contracted several larger<br />

open hatch gantry craned ships and pioneered the<br />

deep-sea transport of pulp, lumber and plywood.<br />

There have been many refinements to the original<br />

design such as electrical cranes that work in pairs,<br />

rain protection, removable tween decks, and greatly<br />

increased crane capacity and speed. Still, 12 ship generations<br />

later nobody has come up with a better way to<br />

handle unitized cargoes.<br />

The Open Hatch design is ideal for unitized cargoes<br />

of all kinds and our contract cargoes have changed<br />

over time to include other commodities like fluff pulp,<br />

newsprint, kraft linerboard, as well as increasing<br />

volumes of steel pipes, coils and projects cargoes.<br />

To meet the new challenges we developed removable<br />

tween decks, allowing us to safely mix commodities in<br />

the same hold and retain the integrity of the stowage,<br />

as well as to avoid contamination. Each deck consists<br />

of four pontoons, and can be quickly positioned on retractable<br />

brackets. The option of installing the decks<br />

at different heights gives us even more flexibility to<br />

stow complex cargoes. When idle they are stored on a<br />

tank top, well out of the way.<br />

9


Forest products<br />

Wood pulp is normally shipped in bales of<br />

around 250 kg, unitised into 6- or 8-bale units.<br />

This used to be 90 per cent of our business, and<br />

remains a major commodity for us.<br />

Fluff pulp (normally shipped in rolls) is primarily<br />

used in hygiene products, and the cleanliness<br />

requirements are very stringent. This is a very<br />

fast-growing commodity for us as shippers realize<br />

that we compete effectively with containers<br />

on outturn quality.<br />

Other typical contract cargoes are kraft linerboard<br />

in big rolls, as well as newsprint, plywood,<br />

OSB* and MDF*. Various other board products<br />

as well as cut lumber also moves in large but less<br />

predictable volumes around the world.<br />

10


Our open<br />

hatch cargoes<br />

We have major operations in transportation of forestry<br />

cargoes both from North- and South America, servicing<br />

markets in Asia, North Europe and the Mediterranean.<br />

11


Project Cargoes<br />

Our flat decks, square holds, powerful cranes, and removable<br />

tween decks have made us a favourite among project cargo shippers.<br />

We carry cargoes like wind mills, machinery, generators, turbines,<br />

yachts etc. in all our trades today, and the projects business is our fastest<br />

growing cargo segment.<br />

The project cargo business typically involves large dimensions, heavy weights or<br />

difficult shapes, and often unusual destinations as well. Our port captains and service<br />

engineers thrive on the challenges involved in developing safe methods to load, stow<br />

and discharge these pieces.<br />

Originally handled as spot business, project cargoes in our regular trades are today often<br />

carried under contracts. Our Gothenburg office specializes in the project business,<br />

and all our offices welcome your inquiries.<br />

Steel cargoes and other break bulk cargoes:<br />

Pipes of all dimensions have always been part of our base cargoes. The open hatches<br />

without overhangs simplify stowage and eliminate damages.<br />

Steel coils, both hot and cold rolled, move in large volumes. Our large cranes and rain<br />

protection let us handle these sensitive cargoes with speed and accuracy.<br />

Steel slabs up to 40 tons each are routinely carried on our ships,<br />

and unitized aluminium ingots and extrusion bars are major commodities<br />

for us.<br />

12


We are in the forefront when in comes to designing specialized<br />

cargo handling gear, and we always have been. New challenges<br />

demand new gear, and we like a good challenge.<br />

Our ships and gear<br />

Since our beginning we have spearheaded the design of<br />

specialized cargo handling gear. We build much of our<br />

gear in our own workshops in Rotterdam and Vancouver,<br />

and maintain them in our own facilities in major ports.<br />

For unitized cargo like baled pulp and aluminium we have<br />

designed and built frames called unihooks. The first ones<br />

had a capacity of 8 units of two tons each, while the latest<br />

can lift 56 tons in one lift.<br />

They feature automatic release, and on discharge they<br />

spread the units to eliminate damages by clamps or forks.<br />

The handling speed has improved from under 100 tons per<br />

hour up to perhaps ten times that – or 1,000 tons per hour,<br />

per crane.<br />

For rolled products like kraft linerboard we developed<br />

vacuum clamps with capacity to handle rolls over 4 tons<br />

each. As technology improved, we have developed<br />

vacuum clamps for safe and damage-free handling of<br />

more porous rolls like fluting medium and fluff pulp as well.<br />

Today we have a large supply of vacuum pads in various<br />

diameters to handle virtually all roll sizes.<br />

For special projects we have also built vacuum pads to fit<br />

large diameter pipes, steel slabs etc.<br />

Our newest vessels – the L-class – represent a quantum<br />

leap in open hatch technology. Each vessel is equipped<br />

with 4 super-efficient and extremely accurate fully electric<br />

cranes with 75 m.t. capacity (at 9.9 meters outreach). With<br />

the already well-proven removable tween decks, these<br />

ships are perfectly suited for our present and future<br />

cargoes.<br />

14


Grieg Star Bulk (GSB) is an owner and operator of modern<br />

dry bulk ships in the Handysize & Supramax segment.<br />

Conventional Bulk<br />

Carrier Division<br />

16


We operate a fleet of around 15-20 ships ranging<br />

from 25-65,000 deadweight. All with cranes and<br />

grabs.<br />

Our worldwide operation provides our clients with a<br />

reliable, flexible and competitive service.<br />

During 2015 GSB will take delivery of four owned<br />

ships of 63,000 deadweight from Sinopacific<br />

Shipbuilding and three long term leases of 61,000<br />

deadweight from Imabari Shipbuilding - all represents<br />

the future eco design ships in terms of fuel<br />

efficiency and low emissions.<br />

We transport all bulk cargoes such as grains, coal,<br />

ores, salt, concentrates, steels, limestone, bauxite,<br />

cement, pellets etc.<br />

GSB provides the highest standards and best<br />

practices in the industry with a long-term-view and<br />

personal touch meeting our customers demands.<br />

17


Terminals<br />

Efficient terminals are important to our customers<br />

and to us. We depend on fast and damage-free<br />

loading and discharging, while our customers want<br />

efficient warehousing, and easy access for trucks, rail<br />

or barges.<br />

To secure the best possible production and cargo<br />

care, we have long-term agreements with some of<br />

the most advanced terminal facilities in the world.<br />

In 1972 we opened Squamish Terminals near Vancouver<br />

BC (above) Please see www.sqterminals.com for<br />

details about our state-of-the-art operation.<br />

IT systems<br />

Few if any break bulk carriers can present the scope of IT services we<br />

have developed. Grieg Star offers the following IT services to our customers<br />

and vendors:<br />

- Cargo tracking by bill of lading number<br />

- Online cargo documentation<br />

- Automated ETA change notification<br />

- Automated departure and arrival notification<br />

- EDI integration<br />

- Agency portal<br />

- Integration with cargo terminals<br />

- Equipment certificate lookup<br />

We are always happy to discuss integrations and new IT-based services<br />

for customers and partners. Please contact your Grieg Star representative<br />

with your inquiries.<br />

18


Squamish<br />

Vancouver<br />

Bergen<br />

Rotterdam<br />

Oslo<br />

Gothenburg<br />

Livorno<br />

Long Beach<br />

Atlanta<br />

Savannah<br />

Mobile<br />

Seoul<br />

Shanghai<br />

Tokyo<br />

Manila<br />

Singapore<br />

Rio de Janeiro<br />

Our network of branch offices, our terminals and our<br />

IT services add to what our main office in Bergen,<br />

Norway can do for you. We are not just all about ships.<br />

With a little help...<br />

Our head office including the management<br />

and senior commercial and operational staff is<br />

located in Bergen, Norway. So are the trade<br />

groups who stay on top of each voyage in each<br />

trade lane. Highly competent and efficient<br />

employees ensure that our customers get what<br />

they pay for – and then some.<br />

Our branch offices are located in key areas and<br />

ports around the world (see map). They are<br />

staffed with experienced commercial and<br />

operational people working closely with our<br />

customers and headquarters.<br />

Most of the staff is recruited locally, but we<br />

also use our branch offices for educational<br />

purposes, and exchange personnel between<br />

offices to foster international understanding as<br />

well as the “Grieg Star spirit” that we take great<br />

pride in.<br />

Without people shipping isn’t possible – and we<br />

have great people, always eager to help you.<br />

19


20<br />

griegstar.com

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