Higaki family-backed Shoei Kisen acquires stake in Eitzen Avanti

Eitzen has strengthened its long-standing ties with Japanese shipping interests after Shoei Kisen took an equity stake in Eitzen Avanti.

Shoei Kisen Kaisha, a member of the Imabari Shipbuilding Group, Japan’s large shipbuilding and shipowning group, has bought a 4.7% equity stake in Eitzen Avanti through the issuance of new shares in the company.

Eitzen Avanti AS oversees a network that includes Christiania Shipping A/S at its core, which in turn branches out into specialized subsidiaries like Christiania Chemical A/S, Christiania Energy A/S, and Christiania Gas A/S.

The company said this strategic investment represents an important milestone and a new dimension in the collaboration and long-term partnership between Eitzen and Shoei Kisen, a business relationship that dates back to 1986. It also marks