2 September 2020
ZeroNorth and Cargill enter strategic partnership
Today ZeroNorth, the recent spin-off from Maersk Tankers, announced their partnership with Cargilll to accelerate the use of digital solutions that decarbonise shipping
Cargill invests in ZeroNorth and commits its entire operated fleet to using the Optimise software to reduce CO2 emissions through digital technology. The increased scale will support ZeroNorth in further developing its offering and growing its customer base.
News from the A.P. Moller Group
A.P. Moller Holding leads the $60 million Series C equity financing in Upway
Upway is a leading e-commerce platform for buying refurbished e-bikes, driving the transition to sustainable urban mobility.
“We are excited to support Upway on its journey to revolutionize the global market for refurbished e-bikes. Upway’s ability to industrialize second-hand e-bike refurbishment and deliver the highest level of customer trust globally truly sets them apart. Today’s investment also reflects our confidence in Upway’s sustainable and scalable business model that aligns with our commitment to sustainable, long-term growth,” said Chetan Mehta, Head of Growth Equity at A.P. Moller Holding.
A.P. Moller Holding announces recommended voluntary purchase offer for all issued shares in Svitzer
A.P. Moller Holding, the largest shareholder in Svitzer Group A/S (Svitzer) has, through its wholly owned subsidiary APMH Invest A/S, today announced a recommended voluntary purchase offer for all issued shares in Svitzer with the aim of taking the company private to better support its long-term ambitions.