Marubeni Announces Stake in Gearbulk Ending Jebsen’s Family 57-Year Role

Marubeni Announces Stake in Gearbulk Ending Jebsen’s Family 57-Year Role

Norwegian shipowner Kristian Jebsen and his family have reached an agreement with will complete their exit from Gearbulk, a company they founded abou...

Equity invests in Gearbulk Holding AG

Marubeni Corp. has reached an agreement to invest in Gearbulk Holding AG the world’s largest open hatch shipping operator, headquartered in Switzerland. The investment will be executed upon the fulfilment of certain preconditions. Following this Investment, Gearbulk will become an equity-method affiliate of Marubeni.

Marubeni to invest in Gearbulk

AsiaDry Cargo Japanese trading house Marubeni Corporation has announced a strategic agreement to invest an unspecified sum in Gearbulk Holding, the world’s largest operator of open-hatch vessels. “This is not just a financial investment; it’s a strategic partnership to grow together,” said Jiro Itai, senior managing executive officer at Marubeni. Through its Singapore-based shipping arm MMSL, Marubeni has already enjoyed a long-standing relatio…