Star Shipping Explained
Star Shipping was a shipping company based in Bergen, Norway that in 2008 operated 60–70 vessels with a total of 3 million deadweight tonnes.[1] It was founded in 1961 as a joint venture between Grieg Group and Masterbulk.[2] The main area of co-operation was in industrial transport of forest products with 50 open hatch ships. It also operated 20 handysize and handymax bulk carriers as well as two container ships, and was the operator of Squamish Terminals in British Columbia, Canada. The ships were owned by the two parent companies.
The company's open hatch ships were also well-suited for carrying containers and in the early 1970s Star Shipping provided strong competition with established container shipping lines on some routes.[3]
In 2009, the two companies demerged the Star Shipping business with the Grieg Group keeping the business name as Grieg Star Shipping.[4] The Canadian terminal operations also remained with Grieg.[5] In 2017, Grieg Star formed a new joint venture pool with Gearbulk named G2 Ocean, consisting of some 130 bulk carriers.[6]
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Notes and References
- Web site: Star concepts . https://web.archive.org/web/20080608220016/http://www.starshipping.com/concepts.php . 2008-06-08 . 2008-10-31.
- Web site: Fearnley Consultants AS. Global Insight. Holman Fenwick & Willan. Legal and Economic Analysis of Tramp Maritime Services. European Commission. 1 October 2017. Brussels. 270–271. February 2007. 10 June 2019. https://web.archive.org/web/20190610051048/http://ec.europa.eu/competition/sectors/transport/reports/tramp_report.pdf. live.
- News: Baily. Michael. Container groups face cut-price war from bulk carriers. The Times. 58585. 21 September 1972. London. 17.
- Web site: A maritime powerhouse. Norway Exports. 1 October 2017. 14 December 2009. 1 October 2017. https://web.archive.org/web/20171001165340/http://www.norwayexports.no/sectors/articles/a-maritime-powerhouse/. live.
- News: Sturdy. Jordan. Squamish’s connection to the world. 1 October 2017. The Squamish Chief. Glacier Media Inc. 27 April 2016. Squamish BC, Canada. 1 October 2017. https://web.archive.org/web/20171001213253/http://www.squamishchief.com/opinion/columnists/squamish-s-connection-to-the-world-1.2241081. live.
- Web site: G2 Ocean, the joint venture of Gearbulk and Grieg Star, will start operating on May 1st 2017. American Journal of Transportation. 1 October 2017. Plymouth MD, USA. 24 April 2017. 1 October 2017. https://web.archive.org/web/20171001165446/https://www.ajot.com/news/g2-ocean-the-joint-venture-of-gearbulk-and-grieg-star-will-start-operating. live.