Latest News for: Ocean investment fund


EU set to dig into raw materials supply

PV Magazine 15 Jun 2024
The Innovation Fund has so far ... Yet the funding made available so far is a drop in the ocean compared with the massive investment needed to scale up mining and green technology production in Europe.

A Proclamation on National Ocean Month, 2024

The White House 31 May 2024
... of dollars in investments for ocean debris prevention and removal through my Bipartisan Infrastructure Law and funding for communities to restore their coasts through my Inflation Reduction Act.

South Korea, UAE ink trade deal lifting tariffs on over 90% of imports

Al Monitor 29 May 2024
... Industries and Hanwha Ocean. Sheikh Mohammed said in January 2023 that his country's sovereign wealth fund would invest $30 billion in South Korea and reaffirmed that commitment during this visit.

Armada Raises $3.2 Million In Seed Funding

MarineLink 28 May 2024
Future Planet Capital, through its Blue Ocean Fund, and Founders Factory, through the Blue Action Accelerator, are also joining the round, with both investors focused on decarbonization within the broader maritime and ocean space.

Larnaca marina “at serious risk of failure” due to government’s stance, Kition says

Philenews 25 May 2024
... and marina investment ... Since April 2022, what work has been done and how much money has Kition Ocean Holdings invested so far?. To date, Kition has invested over €30m of its own funds in the project.

Nestlé joins €201m fund for start-ups trying to clean up oceans

The Times/The Sunday Times 10 May 2024
The world’s biggest food and drinks company, whose brands include Perrier and S Pellegrino mineral water, has invested in a closing round of Ocean 14 Capital Fund, alongside institutional backers ...

Floating Solar Startup SolarDuck Completes Installation in Tokyo

The Maritime Executive 10 May 2024
SolarDuck has ambitious plans for generating power at sea ... SolarDuck benefits from financial support from Katapult Ocean, Green Tower, Energy Transition Fund Rotterdam and Invest-NL, which have invested a combined $15 million in its R&D efforts ... ....

UK court rejects Nirav Modi’s fresh bail plea due to ‘real, substantial’ flight risk

Live Mint 07 May 2024
The fact that his younger daughter now had admission to study in the country and his two other children could visit him frequently from New York meant he had no incentive to flee the jurisdiction.He ...

Mutual fund shareholders in Puerto Rico vote to remove UBS and Popular Asset Management from ...

The Cleveland American 30 Apr 2024
The bid between Ocean Capital, a company that owns a 13% stake in PRITF I, and investment bank UBS to transfer leadership of its closed-end mutual fund family in Puerto Rico, began in 2021..

The week in climate policy: 4 updates you need to know

GreenBiz 19 Apr 2024
The European Union announced its investment of $3.71 billion to advance ocean sustainability and conservation in 2024 ... This follows the news that Greece will invest $830 million into ocean conservation.

The seabed needs to become a top priority, and the UN agrees

Phys Dot Org 15 Apr 2024
Space science gets way more funding than our oceans, yet vast areas of the global deep ocean remain largely unmapped ... That needs to change through a sustained and increased investment in ocean science ...

Candela secures funding for production of electric ferries

SAFETY4SEA 20 Mar 2024
Candela has recently concluded its most substantial funding round to date, aimed at scaling up production of its revolutionary electric ferries ... The new investment brings total funding since Candela’s inception to over €70 million.

JCDC launches Jeddah Central project

Eye Of Riyadh 07 Mar 2024
(JCDC), a wholly owned subsidiary of the Public Investment Fund (PIF), initiated "Jeddah Central" featuring a sports stadium, opera house, oceanic aquariums, and an industrial museum, aiming to establish a global destination in Jeddah's heart.