Gearbulk Integrated Report 2023 - Report - Page 72
GEARBULK
STRATEGIC OVERVIEW
JOINING FORCES
TO ENHANCE
BUSINESS
PERFORMANCE
Gearbulk, Grieg Star and G2 Ocean have strengthened the focus on several Joint Business Forums
to increase collaboration, encourage discussion
and improve communication and engagement.
This is expected to maximise the impact of our
initiatives.
CEO Forum
The CEO forum is comprised of Ketil Andreassen in Gearbulk, Matt Duke in Grieg
Maritime Group and Arthur English in G2 Ocean. It is an arena where the top
managers discuss leadership, strategies and plans to reach common goals.
Fleet Management Coordination Group (FMCG)
The group meets every two months for Safety, Operational, Technical, Port and
Commercial discussions. Through close collaboration, the aim is to ensure optimal
vessel performance and safe shipping operations.
• Satisfy the shareholders’ interests with regards to vessel quality, safety, performance, and ship operations
• Set joint KPIs and report transparently on the technical performance of all vessels
in the 昀氀eet.
• Discuss operational, commercial, and environmental challenges and actively seek
solutions jointly to improve the overall performance of G2 Ocean
• Experience transfers on safety matters, technical performance and operations
• Continual follow up on action plans towards regulatory changes whether through
Class, Flag, IMO or other.
• Assess changes to worldwide security threats and update
• The Company’s High Risk Area Report bi-annually
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PART 3 – OUR STRATEGIC RESPONSE
