New JV to build multi-fuel bulkers

The new JV will focus on opportunities in the ageing short-sea fleet in Norway and elsewhere in northern and southern Europe. The new JV brings together Grieg’s expertise in ship technology and specific experience in the development of an ammonia-fuelled ship, MS Green Ammonia, with Peak Group’s track record in the short-sea segment. 

“We believe that much of the development of new propulsion models in shipping will occur within the short-sea segment,” the Managing Director of Grieg Edge, Nicolai Grieg said. 

Grieg Edge is part of the Grieg Maritime Group, whose main activity is in Open Hatch deep-sea shipping. Grieg Edge is the group’s dedicated innovation company and develops solutions within energy and infrastructure, offshore wind and short sea. In addition, the company invests in entrepreneurial companies within sustainable solutions for the maritime sector.

Peak Group owns and operates a fleet of 25 short sea vessels in, among other segments, project cargo and bulk. The group also has several companies that supply services to the maritime industry.

“Peak Group is a maritime house of competence with a focus on finding good solutions that create added value for our customers. That would be solutions that work for the customer on a daily basis and cover the customer’s needs for both a safe ship operation and efficient trading routes along the coast and in Europe in general. We have several customers who are very interested in taking part in the green shift. Through Skarv we can now offer expertise, innovation and quality that can help our partners and us to achieve that goal and be part of the green shift ahead of us” says Peak Group CEO Jan-Petter Slethaug.