Approved · Waiver · decided in 24 days, 9 Oct 2026
Mitsui & Co., Ltd. is acquiring an additional ~10% shareholding in Danish dry bulk shipping operator Norse Maritime A/S from existing shareholders Clipper Bulk Shipping Ltd. and Navi Merchants A/S. The transaction involves separate share sale and purchase agreements, part of a broader restructuring for the global maritime transport services provider.
Mitsui & Co., Ltd. ( Mitsui ), one of the existing shareholders of Norse Maritime A/S ( Norse ), proposes to acquire additional shares in Norse from Clipper Bulk Shipping Ltd. ( Clipper ) and Navi Merchants A/S ( Navi ), two of Norse's other existing shareholders (the Acquisition ). The Acquisition will increase Mitsui's shareholding in Norse by ~10%. The Acquisition will be implemented pursuant to separate share sale and purchase agreements between Mitsui and each of Clipper and Navi, entered into as part of a broader restructuring of Norse. Mitsui is a Japanese general trading company with seven operating segments: iron and steel products, mineral and metal resources, energy, machinery and infrastructure, chemicals, lifestyle and innovation and corporate development. Norse is a Danish dry bulk shipping operator active in the tramp shipping sector globally. It operates a fleet of vessels providing maritime transport services for commodities. Certain of Mitsui's connected entities also supply dry bulk vessels in this sector globally, including to Norse.