Marine Metals merges with Marine Steel and secures funding

Marine Metals BV (Netherlands) and Marine Steel BV (Belgium) completed a strategic merger, with new funding from Sojitz Corporation, Jansen Recycling Group, SPDG, and Victrix, to scale ship recycling technology.

“Marine Metals has completed a strategic merger between Marine Metals BV (Netherlands) and Marine Steel BV (Belgium), simultaneously securing new funding and converting prior investment instruments to equity.”greensteelworld.com

• 1 source
• greensteelworld.comMarine Metals completes strategic merger and funding for ship recycling technology - GreenSteelWorld.comGreen Steel World Editorial TeamOct 13, 2025

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