Transportation Machinery Division News & Topics
Entry into LNG Ship Ownership and Management
LNG ship
Marubeni established a joint venture with Bermuda-based LNG marine transport service company BW Gas Limited (BWG). We acquired 49% ownership of 8 LNG ships owned by BWG under long-term charter to Nigeria LNG Limited, a Nigerian LNG sales company, for approximately US$700 million.
Participation in Aircraft Operating Lease Business
Participation in Aircraft Operating Lease Business
The demand of aerospace market is expected to expand because of the growth of emerging economies and global deregulation. Consequently, demand for aircraft leases is also increased.
In view of this development, Marubeni, together with a fund managed and operated by DVB Bank SE of Germany, established MD Aviation Capital Pte. Ltd., a joint venture in aircraft operating leases based in Singapore, the center of Asia’s aerospace industry. Centered on the joint venture, Marubeni will take steps to establish an earnings base in the aircraft lease business going forward.
Purchase of Honda Dealer in Long Island (U.S.A.)
Honda dealer in Long Island, NY, U.S.A.
In January 2011, Marubeni purchased the assets of a Honda dealer in Long Island, New York (U.S.A.), and commenced business at the dealership.
Marubeni is operating 14 dealerships (including the latest acquisition) covering 10 brands in the U.S., and is seeking to enhance sales further in the country.
