What Grieg Star does

Grieg Star is the dedicated ship management arm of Grieg Maritime Group (itself part of the broader Grieg Group with lineage to 1884), operating for over 50 years in the technical management of Open Hatch vessels. The company manages or acts as owner's representative for approximately 30 vessels in the Open Hatch segment from its headquarters in Bergen, Norway, with a wholly-owned shared-services subsidiary, Grieg Star Philippines, supporting back-office operations from Makati City, and an exclusive crewing partnership with Grieg Philippines dating to 2009 that anchors its seafarer pipeline.

The service offering is organised into three pillars. Ship Management delivers full technical, crew, HSEQ, procurement and financial management under dedicated Vessel Managers; Owners Representative positions Grieg Star as an intermediary and advocate for shipowners (primarily Grieg Shipowning) toward external ship managers, yards, charterers, classification societies and regulators; Decarbonization is a technology-led practice led by a dedicated VP and bundling Mewis ducts, Propeller Boss Cap Fins, electric cranes with regeneration, battery peak-shaving, VFDs, graphene hull coatings (Star Lysefjord, 2024), ultrasonic anti-fouling, and the upcoming AirWing20 Jet Sail wind-assist installation (Star Kirkenes, contracted April 2026). DNV Documents of Compliance cover both Norway and Marshall Islands flags.

Commercially, Grieg Star operates a sales-led, field/relationship-driven B2B model with bespoke contract-based engagements rather than published pricing tiers or self-serve channels. Its customer base is dominated by sister-company Grieg Shipowning with a small external benchmarking segment, and the company demonstrates measurable operating outcomes — approximately half the world average RightShip findings per inspection, all 30 ships at CII Grade C or better in 2023, and over 2,600 crew travel flights arranged in 2022 — that serve as the foundation for its differentiated positioning in a niche vessel segment.

Name

Grieg Star

Legal name

Grieg Star AS

Website

https://griegstar.com

Company type

Private

Founded year

1884

Operating status

Operating

Headcount range

101–250 employees

Short description

Grieg Star is the ship management unit of Grieg Maritime Group, providing full technical management, owner's representation and decarbonisation services for a fleet of approximately 30 Open Hatch vessels for its anchor client Grieg Shipowning, supported from Bergen, Norway and Manila, Philippines.

Ownership category

akta.pro rank

Product category

Maritime Ship Management Services

NAICS

Ship and Boat Building (33661), Support Activities for Water Transportation (4883)

SIC

Water Transportation (4400)

akta.pro primary industry

Electrical, Automation & Navigation MRO (Power, Controls, Comms, ECDIS/Radar) (IMAJAFAD)

Keywords

• Ship management services
• Owner's representative services
• Maritime fleet management
• Vessel crewing services
• Maritime decarbonization

Headquarters

HQ city

Bergen

HQ country

Norway

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Supply Chain

Revenue model

1. Ship management fees: Full technical management contracts covering crew management, technical maintenance, regulatory compliance, HSEQ, procurement, and financial management for ~30 Open Hatch vessels. Recurring managed-services contracts with Grieg Shipowning and external benchmarking clients.
2. Owner's Representative services: Fee-based intermediary/advocacy services where Grieg Star represents the shipowner toward external ship managers, yards, charterers, classification societies, and regulators; covers technical, commercial and performance matters.
3. Decarbonisation and technology advisory: Internal Technology & Decarbonisation team delivers emissions-reduction programs (Mewis ducts, PBCF, graphene coatings, wind-assist propulsion, fuel-efficient routing) that are bundled into fleet management services.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Grieg Star provides full technical ship management, owner's representative services, and decarbonisation programmes for a fleet of approximately 30 Open Hatch vessels, primarily on behalf of Grieg Shipowning. Services cover crew management, technical maintenance, regulatory compliance, HSEQ, procurement, financial management, and emissions-reduction technology retrofits, delivered from Bergen, Norway with crewing and back-office support from Manila, Philippines.

Product overview

Grieg Star is the ship management unit of Grieg Maritime Group, providing world-class operations for a fleet of around 30 Open Hatch vessels for over 50 years. Its offering is structured as three core service pillars that together cover the full vessel lifecycle: Ship Management (full technical management, crewing, HSEQ, purchasing, and maritime HR); Owners Representative (acting on behalf of Grieg Shipowning toward external managers, yards, charterers, classification societies, and regulators); and Decarbonization (the Technology and Decarbonisation team's retrofit and efficiency programme supporting carbon-neutral operations by 2050). These three pillars are delivered from headquarters in Bergen, Norway and supported by affiliated companies in Manila, Philippines (Grieg Philippines and Grieg Star Philippines).

Differentiator

Problem solved

Functional benefit

Brands

• Grieg Star Philippines: Fully-owned subsidiary established in 2015, delivering support and service solutions (Accounting, Marine Competence Development, Business Controls, Project Management, Maritime HR, Purchasing, Software System Support, Shore HR and Office Administration) to other companies in the Grieg Maritime Group.

Products and services

• Ship Management Full technical management of Open Hatch vessels, including crew management, technical maintenance, regulatory compliance, and safety. Organized into HSEQ, Vessel Managers, Purchasing, and Maritime HR sub-functions, with crew sourcing led by Grieg Philippines. Sold primarily to shipowners under bespoke management contracts.
• Owner's Representative Acts as a trusted intermediary and advocate for shipowners toward external ship managers, yards, charterers, classification societies, and regulatory bodies. Coordinates technical, performance, and commercial decisions for vessels managed externally, providing benchmarking opportunities against the in-house fleet.
• Decarbonisation (Technology and Decarbonisation) Technology-led practice supporting Grieg Maritime Group's commitment to carbon-neutral operations by 2050 for its Open Hatch fleet. Delivers emissions-reduction retrofits including Mewis ducts, electric cranes with power regeneration, battery packs, Propeller Boss Cap Fins, waste heat management, VFDs on cooling pumps and fans, refrigerant leakage detectors, graphene-based hull coatings, and ultrasonic hull protection.

Quantifiable outcome

• RightShip findings per inspection approximately half of the world average
• +5 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature10 records

Partnerships

Ten partnerships are on record, tiered flagship technology partnership (first commercial order), innovation pilot partner, core crewing partner (since 2009), core subsidiary (shared services), industry standards partnership, core vetting/inspection partner, core certification partner, decarbonisation alignment partner, anchor client and sister company and minor r&d validation partner.

• GT Wingsflagship technology partnership (first commercial order)Technology or Integration · 1 April 2026Grieg Maritime Group (parent of Grieg Star) signed a contract with GT Wings to install two AirWing20 Jet Sail wind-propulsion units on the vessel Star Kirkenes to reduce emissions. This marks GT Wings' first commercial order. Installation is planned for late 2026 or early 2027, with options to expand to additional Grieg vessels, supporting industry shifts towards energy efficiency and emissions reduction.
• GIT Coatingsinnovation pilot partnerTechnology or IntegrationGrieg Star applied GIT Coatings' graphene-based biocide- and silicone-oil-free hull and propeller coating to Star Lysefjord in May 2024. The product was tested at the University of Strathclyde and proven to have up to 15% less drag than soft foul-release coatings. Aims to double coating life to 10 years.
• Grieg Philippinescore crewing partner (since 2009)Strategic or Co-development PartnerGrieg Philippines is a crewing management agency in Manila, Philippines. Grieg Star entered into an exclusive agreement with Grieg Philippines in 2009, together with trusted partners in the Philippines. The agency handles recruitment, crew, training, and serves as the hub for crewing and seafarer training activities.
• Grieg Star Philippines (GSP)core subsidiary (shared services)Strategic or Co-development PartnerGrieg Star Philippines is a fully-owned subsidiary established in 2015 that delivers support and service solutions (Accounting, Marine Competence Development, Business Controls, Project Management, Maritime HR, Purchasing, Software System Support, Shore HR & Office Administration) to other Grieg Maritime Group companies. Jannicke Steen is President and Head of GSP.
• BIMCOindustry standards partnershipGTM or Marketing PartnerGrieg Star was invited to participate in BIMCO's initiative to minimise single-use plastics onboard ships; many of its best practices were incorporated into BIMCO's industry-wide best-practice guide for reducing single-use plastics (released 2024).
• RightShipcore vetting/inspection partnerImplementation/ SI/ Consulting PartnerRightShip provides comprehensive vessel inspections evaluating condition, safety management systems and crew welfare. Grieg Star engages directly with RightShip to challenge findings and improve procedures; a recent meeting in London led RightShip to refine its own inspector guidance based on Grieg Star's feedback.
• DNV (Det Norske Veritas)core certification partnerImplementation/ SI/ Consulting PartnerDNV is Grieg Star's classification society and issues the Documents of Compliance for both Norway and Marshall Islands flag operations (2023 endorsements referenced).
• Norwegian Shipowner's Associationdecarbonisation alignment partnerStrategic or Co-development PartnerGrieg Maritime Group (parent of Grieg Star) has committed itself to supporting the Norwegian Shipowner's Association's goal of carbon-neutral operations by 2050. Grieg Star's Technology & Decarbonisation team is responsible for driving this change in the Open Hatch fleet.
• Grieg Shipowninganchor client and sister companyStrategic or Co-development PartnerAll vessels managed or represented by Grieg Star are either owned or chartered by Grieg Shipowning. Grieg Star acts on behalf of the shipowner in many situations, coordinating with external ship managers and providing technical, performance and commercial guidance.
• University of Strathclydeminor r&d validation partnerOthersThe University of Strathclyde tested GIT Coatings' graphene product, proving up to 15% less drag than soft foul-release coatings — informing Grieg Star's decision to apply the coating to Star Lysefjord.

Scale indicators8 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• V.Ships (V.Group): One of the world's largest independent ship management groups, providing technical management, crewing and HSEQ across a broad vessel portfolio. Direct competitor for third-party ship management mandates and the global benchmark Grieg Star would compete against if it expands beyond Grieg Shipowning.
• Bernhard Schulte Shipmanagement (BSM): Germany-headquartered, globally active ship manager with a multi-vessel fleet under full technical management. Comparable offering (technical management, crewing, HSEQ) and competing for the same pool of third-party shipowner mandates.
• Anglo-Eastern Univan Group: Hong Kong-based ship manager with hundreds of vessels under management and large in-house crew pool. Directly comparable service portfolio (technical management, crewing, training) and a primary competitor for global third-party ship management contracts.
• Wallem Group: Hong Kong-headquartered ship manager offering technical management, crewing, and commercial services. Closely comparable in scope to Grieg Star and competes for similar shipowner relationships globally.
• Thome Group: Singapore-based ship management group providing full technical management, crewing and digital services. Comparable service lines and competes for third-party mandates across vessel classes including bulk carriers.
• Columbia Shipmanagement: Part of the Columbia Group (Germany/Cyprus), offering full ship management, crewing and offshore services. Comparable end-to-end service portfolio to Grieg Star, competing for European and global owners.
• OSM Maritime Group: Norwegian-headquartered ship and offshore management company with global operations. Strong geographic and cultural overlap with Grieg Star; directly competes for Norwegian and Nordic shipowning clients and for crew management mandates.
• Synergy Marine Group: Singapore-based ship manager providing technical management, crewing and marine services globally. Directly comparable scope and competes in the same third-party technical-management bid pool.
• Executive Ship Management: Part of the Executive Group, offering full technical management and crew management for tankers and dry cargo vessels. Comparable service offering and target client base to Grieg Star.
• Marlow Navigation: Cyprus-based ship management and crew provider managing a large fleet across multiple vessel types. Comparable offering (technical management, crewing, HSEQ) and overlapping client base of international shipowners.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks4 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/griegstar
• LinkedInlinkedin.com/company/grieg-star

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Grieg Star