Marubeni acquires 25% stake in Klaveness Dry Bulk

The companies have an existing relationship through the world’s largest panamax pool MaruKlav which they established in 2020.

The latest deal sees diversified Japanese corporation Marubeni invest in a 25% stake in Klaveness Dry Bulk, including operating arm Klaveness Chartering, the Baumarine Pool and digital offering Market Manager.

Marubeni said it planned to make the most of the investment by leveraging its in-house shipping demand as well as its global network of shipping stakeholders. The company is also looking to promote efficiency through the use of optimised routes, machine learning-backed market predictions, and vessel procurement using satellite information and other relevant data.

“The project scope will take in the digital services business developed based on Klaveness' know-how as a shipping company,” said Marubeni.

Mr. Toru Okazaki, Chief Operating Officer, Aerospace & Ship Division of Marubeni Corporation, said: "The Torvald Klaveness group and Klaveness Dry Bulk have delivered significant results, not only for the Marubeni fleet but also for Panamax owners in Baumarine by MaruKlav as a whole.

“They have consistently demonstrated an innovative approach to securing the best earnings management through, for example, the fixed rate conversion at peak scheme. We see them driving a high level of client focus throughout the activities, something that will only become increasingly important in this dynamic dry bulk shipping industry."

Ernst Meyer, Klaveness CEO, said: "Klaveness Dry Bulk is a digitalized shipping company with a focus on win-win solutions for cargo and ship owners, leading to more efficient trades and lower carbon emissions. With Marubeni as a partner, we will boost our positive impact on maritime supply chains and create more value for both companies.”

The agreement is subject to regulatory clearance and is expected to close in the third quarter of 2023.

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