Announced

Marubeni to invest in Gearbulk.

Synopsis

Marubeni, a Japanese trading company, agreed to invest in Gearbulk, an integrated global shipping company. Financial terms were not disclosed. Through this Investment, Marubeni will further strengthen and expand its vessel ownership and operation functions. In collaboration with Gearbulk and MOL, Marubeni will also pioneer new business domains in open hatch vessel operations, aiming to maximize revenue opportunities and drive further growth in its shipping business.

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