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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Commentary: Endangered eels in unagi dishes reflect deeper issues in seafood industry
SINGAPORE: The conservation status of grilled eels is raising concerns as studies reveal that most unagi sold in Singapore contains endangered freshwater eels, contributing to the decline of species like the American eel. With 75% of seafood consumed in Singapore deemed unsustainable and ambiguous labeling practices complicating identification, consumers are encouraged to inquire about the origins and sustainability of their seafood choices. Need More Context? 🔎
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