As part of G2 Ocean’s sustainable growth strategy, the company is pleased to announce the next step of its fleet expansion programme:
- In 2026, up to four ammonia-ready 82,300 deadweight tons (dwt) Open Hatch vessels will be delivered to the G2 Ocean pool by its shareholder the Grieg Maritime Group, providing customers with more sustainable transportation options.
- Further, the m/v Cove Pearl, a 55,889 dwt Semi Open vessel built at Oshima Shipbuilding in 2014 is purchased by G2 Ocean’s shareholder Gearbulk and will enter the G2 Ocean pool on 1 June 2023 under the name Maple Arrow.
- These deliveries mark the next step of G2 Ocean’s fleet development programme which will enable the company to continue to grow the business while reducing its greenhouse gas emissions.
Additionally, Gearbulk declares a purchase option on 9 previously leased vessels. These vessels will remain in the G2 Ocean pool and be transferred to Gearbulk in-house technical ship management over 2023.
“We look forward to welcoming the vessels to our fleet. They will be a valuable addition to G2 Ocean and will contribute to strengthening our service offerings,” says Arthur English, Chief Executive Officer of G2 Ocean.
“The investment made by Grieg represents a bold step forward in their commitment to G2 Ocean, our customers, and the environment. Thanks to the support of our shareholders the “core” fleet will continue to provide high-quality shipping services to our customers, while also contributing to a more sustainable future,” he adds.
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