Japanese interests now completely control Norwegian open hatch specialist Gearbulk, with Mitsui OSK Lines (MOL) acquiring a 72% stake and Marubeni Corporation purchasing the remaining 28% from Kristian Jebsen and his family. Marubeni’s investment in Gearbulk, in addition to MOL’s majority holding, signifies a significant development for the company. This consolidation of ownership by Japanese corporations highlights a strategic shift in the maritime industry.
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Road partially caves in along Tanjong Katong Road South; one person taken to hospital
SINGAPORE: A road collapse on Tanjong Katong Road South on July 26 resulted in a vehicle plunging into the resulting hole, injuring one person who was hospitalized. Authorities, including the Land Transport Authority and Public Utilities Board, are investigating the incident, which occurred near the One Amber condominium amid ongoing construction work.https://www.youtube.com/watch?v=SCNI5FnayRY Want More Context? 🔎
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