Tilla, a Berlin-based maritime tech startup, announced the successful closing of a USD$2.3 million (€2 million) funding round designed to accelerate the global expansion and innovation of its crew logistics platform. The round is led by global maritime venture capital firm Motion Ventures…
The European Investment Bank (EIB) has signed two green loans with Iberdrola totaling USD$122 million (€108 million)—a USD$56 million (€50 million) loan using own funds and a USD$65 million (€58 million) loan with funds from the Regional Resilience Fund (FRA)…
A Series B financing round led by the Blue Ocean fund, managed by sustainable investor SWEN Capital Partners, reportedly raised $12m and will enable ECOsubsea, a Norwegian hull cleaning specialist to scale up its operations.While hull cleaning…
The U.S. Department of Transportation’s Maritime Administration (MARAD) announced a Notice of Funding Opportunity (NOFO) making available more than $662 million in Federal Fiscal Year (FY) 2023 funding for MARAD’s Port Infrastructure Development Program (PIDP)…