MOL Grows Dry Bulk Carrier Fleet With Gearbulk

MOL Acquires 72% of Gearbulk, Strengthening Leadership in Dry Bulk Carriers

Mitsui O.S.K. Lines (MOL) has acquired 72% of Gearbulk’s shares, expanding its fleet to 338 vessels. Gearbulk is now MOL’s subsidiary, solidifying their 34-year partnership. Gearbulk’s expertise in transporting pulp will enhance MOL’s position as a world leader in the dry bulk fleet industry. Synergies between the two companies will drive growth and efficiency.

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