Carbon Ridge startup gets investment from Crowley and Berge Bulk

US-based onboard carbon capture startup Carbon Ridge has raised $6m in funding from several investors including compatriot shipping and logistics company Crowley and Singapore-based owner Berge Bulk. The funding round, led by the Grantham Foundation for the Protection of the Environment and which also included Rusheen Capital Management and Plug and Play Ventures, will enable

Scorpio Tankers signs an MoU with Carbon Ridge on development of onboard carbon capture

Scorpio Tankers Inc. announces that the Company has entered into a Memorandum of Understanding with Carbon Ridge LLC to collaborate on the development of onboard carbon capture for maritime vessels. Carbon Ridge is a US-based startup working to commercialize existing gas separation technology without the need for large structural modifications. The Agreement addresses the collaboration