Strategy
GC Rieber Shipping has through the company`s history documented the ability to create value from the built-up competence, and has also been able to visualize the values created. Succesful counter-cyclical and early-cyclical investments have provided substantial returns.
The basic principles of the company`s strategy will be carried on going forward and the company will continue to expand in the value chain within oil service. By utilising partnering and joint ventures GC Rieber Shipping may, with limited risk exposure, build competence which provides a platform for further expansions in the value chain.
Within ice/support, GC Rieber Shipping will continue to develop its activities and investments within support vessels for oil & gas sector in Russian waters, as well as possibly in the American and Canadian sector.
The company has a solid equity ratio, liquidity and well established bank relations, which gives access to long-term financing at favourable terms.
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