G2 Ocean continues expansion of project cargo business

G2 Ocean has opened a new office in Hamburg to gain a stronger market position and benefit from the increased demand for project cargo services. “Germany is the manufacturing and engineering capital of Europe and by establishing a base here, we are able to further enhance our business and service offerings in the region”, Leif Arne Strømmen, VP Project Cargo at G2 Ocean, says.

The opening of the Hamburg office also marks the start of a new phase in G2 Ocean, with an increased focus on the offshore wind and oil and gas segments.

“G2 Ocean currently has a strong position in the onshore wind market, which gives a robust basis for project business. Strengthening our position in new industry segments will be an important task for the new office”, Strømmen says.

The new office will open its door on the 1st of December and will be managed by project cargo manager Mykola Kazadayev. He will be responsible for delivering diversified project cargo services to both new and
existing customers operating in a variety of industrial sectors.

Kazadayev has a broad working experience in the shipping industry. He has seven years of sailing
experience onboard multipurpose and heavy-lift vessels and prior to joining G2 Ocean, he worked as a broker and chartering manager for Döhle Group and BBC Chartering.

Business expansion

G2 Ocean is a joint venture of two of the world’s largest open hatch shipowning companies, Gearbulk and Grieg Star. The company was launched in 2017 and is currently the largest deep-sea breakbulk carrier in the world.

Although the company’s main market is the forest product segment, the Norwegian company is increasingly expanding its project cargo business. The opening of the new office in Hamburg is part of a larger strategy which the company announced last month.

Next to the new office in Hamburg, G2 Ocean is also expanding with a new office in Houston and additional dedicated project cargo staff in Singapore.

“Our project cargo results are continuously improving. However, we have high ambitions for the future and to stay on target, we need additional resources”, said Strømmen in October. He called Houston the capital of projects worldwide, as all the large EPC-contractors are based there.

Author: Tobias Pieffers

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