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Port News
Chicago PE firm teams with Manish Singh to set up shipping tech acquisition fund
Chicago-based private equity firm GTCR has formed a partnership with well-known shipping investment consultant Manish Singh, understood to be worth…
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Port News
Japan-US Shipbuilding Revitalization Fund under discussion
The Japanese government will issue a major new shipbuilding directive next month, aimed to revive an industry it used to…
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Maritime News
UK Increases Funding and Areas to Spur Offshore Wind Energy Development
Offshore wind energy continues to be a key portion of the UK’s plan for renewable energy with the government announcing…
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Port News
US targets Russian interests moving stolen Ukrainian grain to fund the Houthis
The Trump administration has targeted Russian interests over grain theft from Ukraine used to support funding for the Houthis in…
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Port News
Norway’s sovereign wealth fund buys stake in two RWE offshore wind farms
Norges Bank Investment Management (NBIM), the manager of the world’s largest sovereign wealth fund – often referred to as the…
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Maritime News
Congress Cuts Frigate and Landing Ship Programs to Fund Extra Destroyer
The House Republican caucus plans to pass a continuing resolution (CR) rather than a budget to cover the remainder…
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Marine World
EU In Talks To Fund Fleet To Repair Damaged Subsea Cables
By Gian Volpicelli and Andrea Palasciano Feb 15, 2025 (Bloomberg) –The European Union is mulling a public-private initiative worth “hundreds of…
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Marine World
India To Set Up $3-Bln Maritime Development Fund For Shipping Industry
By Nidhi Verma NEW DELHI, Feb 1 (Reuters) – India will set up a 250-billion-rupee ($2.9-billion) maritime development fund for the long-term…
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Port News
Plans revealed for $500m shipping fund in India
India’s Alphard Maritime Group has set out to establish a $500m shipping fund in the country’s new financial services centre,…
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Maritime News
US Follows Israel with Sanctions Against Tankers Iran Used to Fund Proxies
Seeking to find a new means of cutting off the aid provided to Iran’s proxies in the Middle East…
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