Grieg Shipbrokers mandate to sell Research Vessel Håkon Mosby  for «Havforskingsinstituttet» (IMR).

EBIT for the Group in Q3 before fair value adjustment was MNOK 186, against MNOK -44 in 2015. The harvest volume in Q3 2016 was 13 911 tons, against 19 480 tons in the same period last year, reflecting a volume change of -28.5%.

PFÄFFIKON, Switzerland and BERGEN, Norway: Gearbulk and Grieg Star Wednesday announced their intention to enter into joint venture to establish a highly versatile and customer oriented, world wide dry bulk shipping company.

Michelle Williams is appointed new CEO at Grieg Logistics, starting within six months.

Best-ever quarter with EBIT of MNOK 312 (EBIT/kg NOK 19.2)

The well-known Norwegian foundation, Stine Sofie Stiftelsen, established after the cruel “Barneheia Murders” where two young girls were brutally raped and murdered in 2000 is our newest sponsor project in Grieg Foundation.

Grieg Seafood recorded its best-ever quarterly results with EBIT of MNOK 214 in Q1 2016.

Annual Report 2015 released // Grieg Group is well prepared for the future, but a tough shipping market and challenges in the seafood segment made 2015 a difficult year for the Group’s largest companies. At the same time several of the smaller companies are performing well.  

Grieg Seafood top line grew to almost 1.2 billion in Q4, but the result was considerably weakened due to algae and sea lice challenges resulting in high mortality in Q4. But the market is strong, with rising prices towards the end of the period.

Normalized production in Norway and BC, weak price realisation in UK and US markets, and high costs in Shetland due to strong GBP and algae and sea lice challenges gives a Q3 EBIT before fair value adjustment of biomass MNOK -44.4, against MNOK -52.7 in 2014. Harvested volume in Q3 19 480 tons, against 16 750 tons in the same period last year.