Gearbulk Integrated Report 2023 - Report - Page 12
GEARBULK
OVERVIEW OF OUR BUSINESS
OUR
HISTORY
Gearbulk was founded by Mr. Kristian
Gerhard Jebsen, and its operations
commenced in 1968 with the establishment of Gearbulk Ltd, a company
incorporated in Norway.
Gearbulk enters the liquid pitch business
Incorporated in Bermuda
as Gearbulk Holding Ltd. The
Kristian Gerhard Jebsen family
Gearbulk founded by
acquires its partners’ vessels
Kristian Gerhard Jebsen
and shares. Mitsui O.S.K.
Establishes GBSMT Limited
Lines takes 25% share of the
with SMT Shipping
restructured Gearbulk, and
subsequently increases to
40%
1968 1969 1991
Diversi昀椀es into shore terminals -
Gearbulk receives its 昀椀rst certi-
昀椀rst of several terminals is established
昀椀cation to the ISO 9002 quality
in joint venture in Sinor Terminal, Port
standard
of Tianjin
Delivery of 昀椀rst two of Gearbulk’s
1st Generation newbuildings
12
PART 1 – WHO WE ARE
1992 1994 1995 1999
