Funding, M&A, exec moves and hiring — matched to your market, with the people to call.See plans →
ABL acquires majority stake in Engage Marine
PRIVATEAug 07, 2026•1 day ago
Acquiring Company
PT Asian Bulk Logistics
Acquired Company
Engage Marine
AustraliaAustraliaOil And GasSupply Chain ManagementLogisticsArtificial Intelligence
Description
PT Asian Bulk Logistics has acquired a majority shareholding in Engage Marine, enhancing its maritime service offerings. This acquisition supports ABL's growth strategy in Australia by integrating additional capabilities. Engage Marine's CEO noted the exciting partnership that will bolster their business operations. Financial details of the transaction were not disclosed.
Company Information
Company
PT Asian Bulk Logistics
Location
Australia
About
PT Asian Bulk Logistics is a logistics and infrastructure company focused on providing comprehensive maritime services. The firm aims to enhance its capabilities through strategic acquisitions. Its operations include pilotage, vessel management, and terminal towage services.