Subsea Miner DeepGreen to Go Public Via $2.9 Billion SPAC Deal
with Allseas, adding to the list of existing strategic investors such as Maersk Supply Service and Glencore.Vancouver-based DeepGreen intends to produce metals from polymettalic rocks, found in deep oceans, for use in batteries that will power electric vehicles.The company’s partners include Danish shipping company Maersk and Swiss offshore drilling company Allseas Group SA.Sustainable, a so-called special purpose acquisition company (SPAC), raised $300 million in an initial public offering in May last year.SPACs are shell companies which raise funds to pursue an acquisition at a later date. It
Ocean 100: Profits from World's Seas Dominated by 100 Companies
United States focused on eight sea-based industries ranging from container shipping to seafood production and offshore wind.The “Ocean 100” list was topped by offshore oil and gas giants including Saudi Aramco and Brazil’s Petrobras, with only one firm from outside the industry, Danish shipping company A.P. Moeller-Maersk, making the top 10.It could help inform government policies as well as direct environmental groups seeking to push business towards greener practices, Osterblom said.“One of our biggest challenges is to sustain healthy ocean ecosystems as economic use increases
Partnering on the Digital Ship: Inside Denmark’s ShippingLab
at the beginning of 2018,” said Associate Professor Roberto Galeazzi of the DTU Automation and Control Group. “Three main research drives were the focus: digitalization, autonomy and decarbonization. The ShippingLab forum was set up thanks in a collaboration between Danish Maritime, Danish Shipping, Force Technology, Maritime Engineering DTU, CBS, the Danish Metalworkers Union and the Danish Maritime Authority.”A sensor platform acquiring data during navigation. The platform is equipped with two color cameras, two monochrome cameras, an infrared camera, FMCW radar, a GNSS receiver
Maersk Tests Containerized Battery System
Danish shipping giant Maersk will install a containerized 600 kWh marine battery system on board the 4,500 TEU Maersk Cape Town in December 2019 to improve vessel performance and reliability while reducing CO2 emissions.“This trial will provide a greater understanding of energy storage that will support Maersk in moving towards further electrification of its fleet and port terminals. Maersk will continue to facilitate, test, and develop low-carbon solutions on our journey to become carbon neutral by 2050,” explains Søren Toft, Maersk COO.Propelling marine vessels with battery power
Nor-Shipping: Opening Oceans in Denmark
bring businesses together to illustrate and discuss key opportunities, equip delegates with the tools to tackle them, and facilitate fresh collaborations. Timed to coincide with Danish Maritime Days, Opening Oceans Conference is supported by both the Norwegian Shipowners’ Association and Danish Shipping. It is targeted at c-level executives seeking sustainable business operations below, on and above the ocean waves. Nor-Shipping’s Sofia Furstenberg is heading the initiative in the role of Strategic Lead. She explains: “According to the OECD, economic value creation from ocean
February 2024
