Japanese take full control of Gearbulk

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.

Full Article