Who is Grieg Green?
Grieg Green is a part of the Grieg Shipping Group, a fully integrated Norwegian shipping company with more than 125 years of experience in the maritime industry. The company has always maintained a strong focus on the environmental and sustainability aspects of our industry and is committed to the UN Global Compact’s principles.
Grieg Green builds on the knowledge and experience of the Grieg Shipping Group to offer a new and innovative way to handle the complex ship recycling process that is still financially viable and attractive to ship owners.
The media and social furore over to-date unsavory maritime practices in the recycling industry can be a thing of the past. We are committed to ensure an early implementation of the new IMO Convention for Ship Recycling while maintaining value maximization for our customers.
Grieg Green hand-picks from what we consider to be among the world’s top recycling yards – by using our own “score-card” rating method. We will follow up and obtain reports from regular inspections. We, further more, monitor our portfolio of yards regularly and do our best to bring our clients to the most competitive and environmentally-friendly yards in the market at any given time.
Complicated and financially unrewarding green ship recycling now belongs in the history books with the commitment and dedication from Grieg Green to make the ship recycling industry environmentally friendly and financially viable.
| Why Was Green Ship Recycling Challenging? | How Has Grieg Green Made It Attractive? |
|---|---|
| It’s too expensive | We form valuable alliances with yards that make the price point far more palatable to our customers. We encourage healthy competition among the yards in our portfolio in order that our customers get the best possible price for their vessels. Grieg Green does not rely on one yard alone to ensure that this competition thrives. |
| It’s too complicated to bother with | We manage the process on behalf of the owner, minimizing the need for in-house knowledge and resource allocation |
| The global standards keep changing | We stay on top of the latest regulations for you and update our recycling yards accordingly with minimal changes or disruption to our customers |
| There’s no tangible benefit | The legislation in this field is changing so rapidly that what used to be a “recommendation” might soon become “law” and staying ahead of the curve is the best way to ensure minimal operational disruption. The positive publicity and “environmentally-conscious” label also gains importance every day in this global green movement we are experiencing |
| It’s too difficult to assess the suitability of the recycling yards and maintain contact with them | Grieg Green’s experts on the ground have in-depth knowledge and experience on assessing yards and maintaining the relationships with them |
| Ship recycling methods can often appear out-dated | We use new and innovative methods to keep costs low whilst ensuring maximum residual value of our customers’ ships |