In 1968, Norway's Kristian Gerhard Jebsen established Gearbulk with three partners: S.A. Louis Dreyfus & Cie of France, its British subsidiary, Buries Markes Ltd and A/S J. Ludwig Mowinkels Rederi, also of Norway.
From the beginning, the new venture's objective was much the same as it is today: to offer market-leading ocean transport services, especially for unitised cargo, which are competitive and innovative and add value for the customer.
Gearbulk's first two vessels, the newbuildings Alain LD and Robert LD, were among the earliest ships equipped with cranes that were mobile rather than fixed. With their travelling cranes, wide hatches and box-shaped holds, these vessels offered more efficient loading and discharge. As a result, cargo was subjected to less handling and port turnarounds were faster and less costly.
At almost 19,000 mt deadweight, these first two ships were just over one quarter of the capacity of Gearbulk's newest ships.
|1968||K.G. Jebsen family, Louis Dreyfus and Mowinkels establish Gearbulk|
|1969||First newbuildings, Alain LD & Robert LD|
|1974||First 2nd Generation OHGC delivered|
First of nine floating cement terminals
First 3rd Generation OHGC delivered
|1984||First 4th Generation OHGC delivered|
|1987||Floating terminal diversification to grain, rice, copper concentrate|
K.G. Jebsen family acquires Louis Dreyfus and Mowinkels shares and vessels
MOL takes 25% share, which increases to 40% in December
First TEFCs delivered
|1992||First terminal operation established in Port of Tianjin|
|1994||Gearbulk enters liquid pitch business|
|1995||First ISO 9002 certification|
|1996||First Fleximax I delivered|
|1997||First 5th Generation OHGC delivered|
|1998||Gearbulk enters Orange Juice business|
MOL increases shareholding to 49%
First 6th Generation OHGC delivered
First Fleximax II delivered
Gearbulk is founder member of Sustainable Shipping Initiative
Gearbulk Fleet Management established
ISO14001 certification for Gearbulk's main offices
|2012||First Fleximax III delivered|