SSY to Acquire Grieg Shipbrokers in Major Expansion Move

UK based shipbroking group SSY has reached an agreement to acquire Grieg Shipbrokers, one of Scandinavia’s oldest brokerage firms. The acquisition is expected to be completed in January 2026, pending standard closing conditions.

Established in 1884, Grieg Shipbrokers has developed a strong presence across several sectors, including gas, dry bulk, tankers, offshore, sale and purchase, aquaculture and maritime finance. The company employs roughly 50 brokers and specialists and maintains offices in Oslo, Bergen and London.

As part of the arrangement, Grieg Shipbrokers CEO Morten Müller will continue to lead and grow the business as it transitions into the SSY organization. The Grieg name will be retired, with the firm becoming fully integrated into SSY’s broader platform. Financial details of the deal were not made public.

SSY managing partner Stanko Jekov said the acquisition unites two long established companies with similar values and a strong customer focus. “Both businesses have been built over more than a century and share a commitment to high-quality service,” he said, noting that the move supports SSY’s goal of becoming a top-three broker across its key markets.

Markus Grieg, chair of Grieg Shipbrokers, said the agreement closes an important chapter for the family run enterprise. “Grieg Shipbrokers has been both a strong company and an important part of our family history,” he said. “We are proud of our colleagues and grateful for their dedication over many years.”

The news comes amid a period of sustained growth for SSY, which has been broadening its activities beyond traditional shipbroking. Recent initiatives include acquiring Uranium Markets, expanding into ship recycling and launching a dedicated offshore rig brokerage. Bringing Grieg Shipbrokers into the group will reinforce SSY’s position in Northern Europe and add greater capability across offshore, gas and financial advisory segments.