• Home
  • News
  • Technology
  • Law & Regulations
  • Informative
  • Tug&Barge&Salvage
Maritime and Salvage Wolrd News - Latest Ship Technologies
No Result
View All Result
No Result
View All Result
Maritime and Salvage Wolrd News - Latest Ship Technologies
No Result
View All Result

Hand Over Raises $2.1 Bln for Its Blue Ocean Funds

marinesalvage by marinesalvage
March 9, 2021
in Law & Regulations
0
EnTrust Raises $2.1 Bln for Its Blue Ocean Funds

© AytugAskin / Adobe Stock

© AytugAs kin/ Adobe Stock

Alternative property monitoring company EnTrust Global stated Wednesday that it has actually finished fundraising for its EnTrust Global Blue Ocean Funds for financial investment in the worldwide maritime sector. The Funds shut at $2.1 billion after increasing $925 million because April of 2020.

Part of EnTrust Global’s exclusive financial debt and also actual property department, the Blue Ocean Funds take part in straight borrowing and also comparable funding chances to vessel proprietors and also drivers and also various other maritime services.

“We continue to see strong demand for our debt capital solutions from clients around the world, and we have continued to deploy capital efficiently to our select customer base while also successfully maintaining the quality of our existing portfolio throughout a very tough time period as a consequence of COVID-19,” stated Svein Engh, Senior Managing Director and also Portfolio Manager of the Blue Ocean Funds.

“To have raised $2.1 billion in a vertical as specific as the maritime industry speaks to our team’s expertise and demonstrated success since the inception of the Blue Ocean Funds,” stated Gregg S. Hymowitz, Chairman and also Chief Executive Officer of EnTrustGlobal “We are grateful for the strong support from our investors during a volatile market as the economy has navigated the pandemic these last six months. As evidenced by the growth of our platform, and the addition of Julian Proctor earlier this year to lead a new, environmentally-focused shipping initiative, we continue to believe there are compelling opportunities in the maritime industry and in real assets in general.”

Julian Proctor, that with Engh heads EnTrust’s brand-new campaign concentrating on environmentally-advanced vessels, included, “Vessel owners and their customers and end-users are increasingly focused on the impact of the shipping industry on the environment, and especially on carbon emissions, but there is inadequate financing for the industry to move to cleaner, more advanced technology. I am excited to lead EnTrust’s initiative to create financing solutions for vessel owners that will help transition the shipping industry to a more sustainable future.”

Source of This New.

Previous Post

Linde To Supply Liquid Hydrogen To World’s First Hydrogen-Powered Ferry

Next Post

StormGeo Introduces Strategic Power Routing To Maximize Fuel Savings For Shippers

Related Posts

Australia Bans MSC Containership Over Safety Deficiencies
Law & Regulations

Australia Bans MSC Containership Over Safety Deficiencies

June 1, 2023
Italy: Police Arrest Three Alleged Traffickers after Fatal Migrant Boat Wreck
Law & Regulations

Italy: Police Arrest Three Alleged Traffickers after Fatal Migrant Boat Wreck

May 31, 2023
Bangladesh Shipping Corporation to Get $22.48 Million for Ship Hit by Missile in Ukraine
Law & Regulations

Bangladesh Shipping Corporation to Get $22.48 Million for Ship Hit by Missile in Ukraine

May 30, 2023
Ukraine Traders Seek Transparent Rules for Cargo Queue Under Grain Export Deal
Law & Regulations

Ukraine Traders Seek Transparent Rules for Cargo Queue Under Grain Export Deal

May 29, 2023
New US Sanctions Target Iranian Shipping
Law & Regulations

New United States Sanctions Target Iranian Shipping

May 28, 2023
British Navy Seizes Smuggled Iranian Weapons in Gulf
Law & Regulations

British Navy Seizes Smuggled Iranian Weapons in Gulf

May 26, 2023
Next Post
Routing Strategic Power

StormGeo Introduces Strategic Power Routing To Maximize Fuel Savings For Shippers

Quick Search

No Result
View All Result

Recent Posts

  • COSCO Acquisition of OOCL Still Faces ‘Degree of Uncertainty’ June 1, 2023
  • Australia Bans MSC Containership Over Safety Deficiencies June 1, 2023
  • Alaskan Fishing Captain Hailed a Hero for Jumping Into Water to Save Crew Member June 1, 2023
  • MOL Bulk Carrier to be Equipped with Rotor Sails June 1, 2023
  • ABDOMINAL MUSCLE Joins Alliance Developing Unmanned Cargo Ship June 1, 2023

Categories

  • Informative
  • Law & Regulations
  • News
  • Technology
  • Tug&Barge&Salvage
COSCO Acquisition of OOCL Still Faces ‘Degree of Uncertainty’
News

COSCO Acquisition of OOCL Still Faces ‘Degree of Uncertainty’

by marinesalvage
June 1, 2023
0

COSCO Acquisition of OOCL Still Faces ‘Degree of Uncertainty’ By Mike Wackett (The Loadstar)-- Cosco Shipping Holdings returned to trading...

Read more
Australia Bans MSC Containership Over Safety Deficiencies

Australia Bans MSC Containership Over Safety Deficiencies

June 1, 2023
Alaskan Fishing Captain Hailed a Hero for Jumping Into Water to Save Crew Member

Alaskan Fishing Captain Hailed a Hero for Jumping Into Water to Save Crew Member

June 1, 2023
MOL Bulk Carrier to be Equipped with Rotor Sails

MOL Bulk Carrier to be Equipped with Rotor Sails

June 1, 2023
autonomous containership

ABDOMINAL MUSCLE Joins Alliance Developing Unmanned Cargo Ship

June 1, 2023
Maritime and Salvage Wolrd News - Latest Ship Technologies

© 2023 - Marine-Salvage.net

Navigate Site

  • Home Page
  • Privacy Policy
  • Contact Us
  • About Us

Follow Us

No Result
View All Result
  • Home
  • News
  • Technology
  • Law & Regulations
  • Informative
  • Tug&Barge&Salvage

© 2023 - Marine-Salvage.net

This Domain is for Sale. To make an offer please get contact.
Make an Offer
Manage Cookie Consent
We use cookies to optimize our website and our service.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
View preferences
{title} {title} {title}