Maersk Growth, the venture arm of A.P. Moller – Maersk, invested 11 million EUR […]
The post Maersk invests in Blue World, orders methanol fuel cell pilot system appeared first on Offshore Energy.
https://www.offshore-energy.biz/maersk-invests-in-blue-world-orders-methanol-fuel-cell-pilot-system/
C1, a climate tech start-up, has raised growth capital from Maersk Growth, the venture capital arm of A.P. Moller – Maersk, in order to accelerate the scaling of their ultra-efficient catalysis, which will enable mass production of green methanol without the usual premium paid for sustainably produced methanol.
According to a statement by C1, besides the ability to function as a carbon-based feedstock for various chemical products, green methanol is the most tangible low-carbon fuel alternative...
Maersk Growth, a venture arm of industry major A. P. Moller – Maersk, has […]
The post Maersk Growth invests in green methanol appeared first on Offshore Energy.
https://www.offshore-energy.biz/maersk-growth-invests-in-green-methanol/
Maersk Growth, the corporate venture arm of A.P. Moller – Maersk, will invest in the development and commercialisation of Vertoro, a Dutch start-up focused on producing liquid lignin as a marine fuel.
Through Maersk’s investment, the energy start-up will also create a trial plant which will become operational in 2022. The output of this plant will be used to develop marine fuels in partnership with the Danish container shipping company, as well as other applications for the materials and...
https://container-news.com/maersk-invests-in-dutch-lignin-marine-fuels-start-up/
A.P. Møller – Maersk made a minority investment in electrofuels production company Prometheus Fuels on Thursday.
Maersk is not putting all of its eggs in one basket when it comes to alternative fuels. The company is considering biodiesel, alcohols, lignin-enhanced alcohols and ammonia as potential tools in decarbonizing its massive fleet of ocean vessels, according to a release. But Prometheus clearly has caught the company’s attention as well.
Prometheus Fuels’ electrofuel emits only oxygen,...
https://www.freightwaves.com/news/maersk-throws-its-weight-behind-unicorn-electrofuels-company
Maersk Growth has announced its new venture investment in the Silicon Valley-based startup Prometheus Fuels for cost-efficient and carbon-neutral eFuels for shipping, through a direct air capture technology.
Maersk believes this investment will help the company perform a decarbonisation strategy for marine operations, while electrofuels such as biodiesel, alcohols and green methanol which are being produced by renewable energy, water and ambient CO2 from direct air capture, are already feasible...
https://container-news.com/maersk-partners-with-energy-startup-for-shipping-electrofuels/
AP Moller – Maersk has acquired the Portuguese cloud-based start-up HUUB in order to enhance its e-commerce network and facilitate its technology capabilities.
HUUB, specialised in technology solutions for business-to-consumer (B2C) warehousing for the fashion industry, constitutes the third acquisition by Maersk within e-commerce logistics for this year, following the acquisitions of Visible SCM and Europe B2C.
“HUUB is a great fit for Maersk which will allow us to greatly accelerate the...
https://container-news.com/maersk-confrims-another-e-commerce-firm-acquisition/
AP Moller – Maersk invests through its corporate venture arm, Maersk Growth, in the start-up sustainability specialist WasteFuel aiming to produce green bio-methanol in the United States (US) and Asia.
As the role of Maersk Growth is to invest in and partner with startups “to digitise, democratise, and decarbonise logistics,” it is expected to enable the California-based WasteFuel to develop biorefineries that utilise the most effective technologies which produce sustainable fuels from...
https://container-news.com/maersk-invests-in-wastefuel-for-green-bio-methanol-production/
A.P. Møller – Maersk is putting more pieces of the puzzle in place to decarbonize its shipping fleet. Maersk Growth, a corporate venture arm of the company, on Wednesday invested in WasteFuel to produce green bio-methanol.
This announcement follows two August agreements Maersk signed to build eight methanol-powered ocean vessels and produce the carbon-neutral e-methanol to power those ships.
California-based startup WasteFuel is developing and expanding its offering of low-carbon fuels such as...
https://www.freightwaves.com/news/maersk-invests-in-bio-methanol-production-company-wastefuel
Driver experience today, global autonomous infrastructure tomorrow
Wednesday morning digital drop-freight startup Baton announced that it raised a $10.5 million Series A venture capital round co-led by 8VC and Maersk Growth.
Ryder, Lineage Logistics and Prologis also participated in the round and were joined by angel investors Jett McCandless, Shoaib Makani and John Larkin. Craig Fuller, the founder and CEO of FreightWaves, serves as an adviser to Baton; 8VC invested previously in FreightWaves.
Ba...
https://www.freightwaves.com/news/digital-drop-freight-platform-baton-closes-10-5m-series-a