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Maritime News
EU Steps Up to Fund Ocean Data Collection as U.S. Pulls Back
Following the Trump administration’s decision to remove the global ocean sensor network run by the NSF/Woods Hole’s Ocean Observatories Initiative,…
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Marine World
Saudi $1 Trillion Wealth Fund Weighs Creating a Logistics Giant
Saudi Arabia’s sovereign wealth fund is considering consolidating transport and supply-chain assets to create a logistics giant that can attract…
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Marine World
Hedge Fund Beats Peers With Bets on Oil Tankers While Cutting AI
A Hong Kong hedge fund that outperformed peers says shipping stocks are a better trade than artificial intelligence, given the…
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Maritime News
World’s First Retrofit Fund Established
The Global Centre for Maritime Decarbonisation (GCMD), AIM Horizon Investments, and their partners have announced the successful closing of the…
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Port News
Pelagic Partners’ new credit fund makes debut with MPP trio
Cyprus-based shipowner and fund manager Pelagic Partners has completed the acquisition of three multipurpose vessels in its first deal under…
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Port News
Tsao-backed vehicle co-launches $75m Asia Ocean Fund
Two high-profile names from opposite sides of the world — Asian shipping tycoon Chavalit Frederick Tsao and Norwegian impact investor…
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Maritime News
Hanwha Sells $1B Worth of Stock in Hanwha Ocean to Fund U.S. Projects
A holding company in South Korea's Hanwha Group has sold about $1 billion worth of shares in shipbuilder Hanwha…
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Port News
Danish fund provides $670m financing guarantee to 1.4GW UK offshore wind farm
Denmark’s Export and Investment Fund (EIFO) will provide a £500m ($672m) project finance guarantee for the development of ScottishPower Renewables’…
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