The latest cost reduction measure initiated by Gearbulk is the renegotiation of charter rates with Japanese shipowners who have their vessels on long term charters to the company.
Gearbulk joins forces with more than 450 companies and organisations to help resolve the humanitarian crisis that has left 400,000 seafarers stranded onboard ships around the world.
We are pleased to announce the publication of the 2016 Gearbulk Sustainability Report.
The first vessels are branded with the G2 Ocean name and logo, and are on route with their cargo as G2 Ocean vessels, the joint venture between Gearbulk and Grieg Star.
Sustainability continues to be an important priority and it is embedded into our vision and long term strategic plans. We hope this report will give you an understanding of Gearbulk's commitment to making a positive contribution wherever we operate.