Norwegian bulker group Grieg Star has a new name and a pioneering new loan based on the replacement for the London interbank offered rate (Libor).
The company has rebranded as Grieg Maritime Group to avoid confusion with ship-management arm Grieg Star.
This follows a number of recent organisational changes over the last two years, with Matt Duke coming in as chief executive and Camilla Grieg moving from that role to chairman.
