Settlement service

Grieg Green offers a back-to-back settlement service, implying us being your direct counterpart buying the vessel sold for recycling. The vessel will be sold to one of the pre-approved recycling facilities in our portfolio. We have developed our own sets of contracts to minimize all risks connected to the transaction and always work with full transparency and without any interest in price speculation – we work on a back-to-back basis. This service will also eliminate the risk of dealing with unfamiliar business partners, and also give security on knowing where the vessel will end its life.

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