Tag: Cargill

Technology company ZeroNorth announced it has raised over $50 million in investment during its recently concluded Series B investment round. This investment from PSG Equity joins further capital injections from ZeroNorth’s existing investors A.P. Moller Holding and Cargill, who also participated in the round.

Cargill, Mitsui and Maersk Tankers have launched their green technological solution Njord, which aims to accelerate cost-effective and industry-wide greenhouse gas reductions.

During the first annual meeting of the Sea Cargo Charter Association, held on 11 March 2021, 13 members were elected to the Steering Committee, in order to coordinate the Association on behalf of its members.

Cargill and Maersk Tankers shake hands and entered a strategic partnership in an effort to combine their bunker volumes, offering a new bunker procurement service to tramp shipping companies and trading houses.

Cargill and BAR Technologies are collaborating with naval architect Deltamarin to bring wind propulsion technology to commercial shipping.

Swiss trade major, Cargill along with ZeroNorth entered a strategic agreement so as to develop new digital solutions for shipping decarbonization.

Cargill, Maersk Tankers and Mitsui & Co. announced the establishment of a collaboration to advance the reduction of global greenhouse gases (GHGs) in shipping. The companies will work towards lowering maritime GHG emissions by fully exploiting existing fuel-saving technologies and exploring new technical solutions.

Under a new agreement, Cargill will enter its Medium Range (MR) fleet into the existing Maersk Tankers MR pool, creating a new joint pool to increase the scope of their MR spot tanker business. The joint pool is expected to enable vessels to focus on fuel optimization and CO2 emissions reduction, as well as a digitalized approach to trading. 

Brazilian port operators, including units of Cargill and Bunge, will present a proposal to reduce Panama Canal tariffs and limit their costs in shipping agricultural commodities to their main market in China. The port operators argue that with the current tariffs, shipping grains from Brazil’s northern ports through the Cape of Good Hope is almost $206,000 cheaper on a per-ship basis than using the Canal.

Following the inauguration of the global 'CO2 Challenge' in June 2018, the partners now announced the second stage of the project on the sidelines of the SMM trade fair in Hamburg, with the first in-person meetings with start-ups that will provide innovative technologies.