MOL takes over Gearbulk from Kristian Jebsen

Mitsui OSK Lines (MOL), Japan’s largest shipowner, is taking over Gearbulk from Kristian Jebsen in a deal that is expected to close by January next year.  MOL first invested in Gearbulk, the world’s largest open-hatch operator, in 1991, taking a 40% stake in the company that was founded in 1968, a shareholding it subsequently raised …

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