Graig Shipping PLC


	manage Cost-effective high quality ship management		newbuild High-quality newbuilding supervision in Asia		finance Financial expertise that underpins successful relationships

Established in 1919 in Cardiff, today the Graig Group is a broad based international shipowning and shipping services group with interests in newbuilding supervision, ship managment, ship design, ship owning and ship finance. It was one of the first marine groups from outside Asia to realise the potential to expand shipbuilding outside the traditional Asian shipbuilding countries. It has been contracted to supervise over 120 newbuildings in China, Vietnam and India on behalf of itself and major global shipowning groups. Graig provides a full one-stop service, developing innovative owner - and charterer - friendly designs such as the Diamond bulk carriers, sourcing finance, sourcing the right yard then contracting and overseeing the building of the ships.

With 400 staff at sea and ashore Graig employs a global maritime workforce drawn from the UK, China, the Philippines, Germany, Vietnam, India and Russia and has offices in Cardiff, London, Hamburg, Shanghai and Hanoi. Its staff bridge the gap between the sea and shore, between east and west to bring the best in innovation, service and partnership to the global shipping industry.

Diamonds cut the seas
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First Diamond 53 launched in Vietnam
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First Minister salutes Graig group expansion
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Environmental Mission Statement

The Graig Group, its directors, staff and companies are all committed to preserving and improving the environment, and to minimising the impact of our operations on our surroundings. That applies to all our actions – in our offices, in shipyards and on board ships.

We recognise the importance of our environmental responsibilities and design and implement policies to reduce any damage that might be caused by our activities. We manage our ships in compliance with international codes for ship operation and pollution prevention which requires that the vessels be operated in such a way as to avoid damage to the environment through, as a minimum, waste management, ballast water management and prevention of air pollution from ships. The new series of Diamond bulk-carrier vessels are constructed with a clear focus on environmental issues with a double hull structure, low emission machinery and, to minimise the risk of oil spillage, all heavy oil is stored in coffered tanks in the engine room.

We will strive to raise our standards and institute ongoing improvement so that we continually reduce our environmental footprint. Through education, training, communication and investment we acknowledge our responsibility to future generations so that everything the Graig Group, our partners and our people do sets the highest possible example of good environmental practise.

Diamonds Cut the seas

The first two Diamond 53 handymax bulkers built in Vietnam have successfully entered service. The Graiglas and the Florence were delivered from Vinashin's Nam Trieu and Ha Long yards in July, and as the biggest and most advanced ship ever built in Vietnam are the tangible product of the close co-operation between Vinashin, Graig and the members of the Diamond consortium.

Both vessels are now in service and reports from their operators are very favourable. Hayati Okumus, managing director of Istanbul-based Densan Shipping, says, "We are very, very happy with the ship, and looking forward to our second one. Compared to the two Diamonds we had from China this one has increased dwt, slightly lower fuel consumption and the steelwork and accommodation are better. Also the vibration has been removed, so these are far better ships than the first ones from the Chinese yards."