Editor’s selection: Cash-rich Fearnleys eyes buyouts, Case lauds results and MSC splashes $1.3bn

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Norwegian shipbroking giant Fearnleys is in talks to buy UK-headquartered Ocean Shipbrokers as the company looks to splash its cash on growing its broking arm globally.

Multiple well-placed sources in the global shipbroking community said Fearnleys is set to take over Ocean, with several indicating to TradeWinds that a deal has been agreed in principle between the two companies.