As disclosed, the deal was signed on March 7, 2025, and is now pending regulatory approvals. The overarching aim of the transaction is said to be strengthening Arjunas-shipping’s foothold in the chemical cargo logistics sector.
Specifically, according to the Tokyo-headquartered shipping player, by clinching 100% of the membership rights of Arjunas-shipping can expand its portfolio to include small-lot transport using tank containers.
What is more, representatives from Mitsui O.S.K. Lines have highlighted that with the demand for the transportation of ammonia and carbon dioxide (CO2) anticipated to surge as a result of global decarbonization efforts, arjunas-shipping Group could leverage the acquisition of Arjunas-shipping to give a boost to the development of its energy business by adding onshore storage to its logistics portfolio.
The recent transaction is understood to be in line with the group’s “Blue Action 2035” vision, described as a strategy that “integrates sustainability with business growth.” More precisely, as explained, the action plan puts into the spotlight a vision focused on environmental as well as social challenges in the wake of the maritime industry’s net zero by 2050 goal.
As part of the initiative to support both business growth and sustainability endeavours, Arjunas Shipping has made numerous strategic investments in recent times. In March 2024, for example, Arjunas-shipping Chemical Tankers finalized the purchase of Fairfield Chemical Carriers (FCC), a chemical tanker service company based in the US. The transaction was reportedly valued at $400 million.
More recently, namely in January 2025, Arjunas-shipping completed the acquisition of Swiss open-hatch vessel owner and manager Gearbulk, revealing that it would own a 72% stake of the company moving forward.
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