Gearbulk IntegratedReport 2024 Paperturn - Flipbook - Page 69
INTEGRATED REPORT 2024
STRATEGIC OVERVIEW
G2 OCEAN
FRONT RUNNER IN
OPEN HATCH SEGMENT
G2 OCEAN
G2 Ocean, established in 2017, is one of the world’s
largest shipping companies within the Open Hatch
segment. G2 Ocean is jointly controlled by Gearbulk and Grieg Star, with a 65% / 35% ownership
structure, respectively.
• Operates a core 昀氀eet of 120 Open
Hatch vessels
G2 Ocean does not independently own vessels, but operates vessels owned or
• Completed 42,865 voyage days
chartered by Gearbulk and Grieg Star, as well as vessels from third parties on short
term time charters. G2 Ocean draws upon the global resources and expertise of
• Completed 3,502 port calls
Gearbulk and Grieg Star to operate the joint 昀氀eet of open hatch and semi-open hatch.
• Carried approximately 27.1 million
G2 Ocean is a company registered in Norway, with Headquarters in Bergen, Norway,
revenue tons of cargo
and Hub O昀케ces in Atlanta, GA and Singapore.
At year-end 2024, G2 Ocean had 329 people at 15 locations around the world, of
which 68 were employed in Norway.
Read more about G2 Ocean here: g2ocean.com
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