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MOL increases stake in Gearbulk Shipping

January 7 - Japanese shipping line Mitsui OSK (MOL) has increased its stake in Gearbulk Holding Limited (Gearbulk) from 40 to 49 percent.

Gearbulk claims to be the world's leading open hatch shipping company, with a fleet in service of 64 vessels and a renewal programme consisting of about 20 vessels on order. The company is owned by the Jebsen family and MOL.

MOL commented that the increased shareholding of MOL reflects the long standing partner relationship between the shareholders. It also demonstrates the firm future commitment of MOL to Gearbulk.

Gearbulk says that its large fleet of open hatch box shaped vessels are specifically designed and equipped for the efficient and safe transportation of project cargoes.

Heavy Lift | News

Deliveries for South Flank begin thumbnail image

Deliveries for South Flank begin

December 12 - Mammoet has started transporting the first heavy components for the BHP South Flank iron ore mine, which is being developed in the Pilbara region of Western Australia.
Views: 377
BigLift delivers the goods to Baffinland thumbnail image

BigLift delivers the goods to Baffinland

December 12 - In the north of Canada, Baffinland Iron Mines is expanding its mine at Milne Inlet. BigLift Shipping delivered vital components to support the expansion over the course of three shipments.
Views: 432
Haslach adds LTM 1130-5.1 thumbnail image

Haslach adds LTM 1130-5.1

December 12 - German crane contractor Haslach has taken delivery of a new Liebherr LTM 1130-5.1.
Views: 232

Heavy Lift Across The World

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