CONTIOCEAN (02613) Finalizes Acquisition of Vessel

Stock News

Apr 17

CONTIOCEAN (02613) has announced the completion of the vessel acquisition. The buyer, OM Shanghai, has made the payment for the acquisition to the seller, OM Shanghai, as stipulated in the memorandum of agreement. The transaction was finalized on April 16, 2026. Following this acquisition, the board of directors believes this milestone signifies the company's strategic transformation. It marks a shift from a technology firm focused on R&D of marine environmental protection equipment to an "atypical shipowner" that integrates independent R&D, real-ship verification, and client demonstration. This move is expected to open new pathways for the development of green technology in the shipping industry.

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