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Our History

In 1968, Norway's Kristian Gerhard Jebsen established Gearbulk with three partners: S.A. Louis Dreyfus & Cie of France, its British subsidiary, Buries Markes Ltd and A/S J. Ludwig Mowinkels Rederi, also of Norway.

From the beginning, the new venture's objective was much the same as it is today: to offer market-leading ocean transport services, especially for unitised cargo, which are competitive and innovative and add value for the customer.

Gearbulk's first two vessels, the newbuildings Alain LD and Robert LD, were among the earliest ships equipped with cranes that were mobile rather than fixed. With their travelling cranes, wide hatches and box-shaped holds, these vessels offered more efficient loading and discharge. As a result, cargo was subjected to less handling and port turnarounds were faster and less costly.

At almost 19,000 mt deadweight, these first two ships were just over one quarter of the capacity of Gearbulk's newest ships.  


Key Dates

1968 K.G. Jebsen family, Louis Dreyfus and Mowinkels establish Gearbulk
1969 First newbuildings, Alain LD & Robert LD
1974 First 2nd Generation OHGC delivered

First of nine floating cement terminals

First 3rd Generation OHGC delivered

 1984 First 4th Generation OHGC delivered
 1987 Floating terminal diversification to grain, rice, copper concentrate

K.G. Jebsen family acquires Louis Dreyfus and Mowinkels shares and vessels

MOL takes 25% share, which increases to 40% in December

First TEFCs delivered

 1992 First terminal operation established in Port of Tianjin
 1994 Gearbulk enters liquid pitch business
 1995  First ISO 9002 certification
 1996 First Fleximax I delivered
 1997 First 5th Generation OHGC delivered
 1998 Gearbulk enters Orange Juice business

MOL increases shareholding to 49%

First 6th Generation OHGC delivered


First Fleximax II delivered

Gearbulk is founder member of Sustainable Shipping Initiative


Gearbulk Fleet Management established

ISO14001 certification for Gearbulk's main offices

 2012 First Fleximax III delivered

Fleximax III Arrives

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