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

Chevron and Crowley invest ZEI for hydrogen

Chevron’s New Energies business unit and US-based shipping and logistics company Crowley have invested in maritime hydrogen technology company Zero Emission Industries (ZEI). Launched in 2017, ZEI, formerly Golden Gate Zero Emission Marine, develops and sells power systems for a range of marine applications. It is best known for the Sea Change, the first commercial

Crowley inaugurates LNG loading terminal

Crowley inaugurated its LNG loading terminal in the southern town at Peñuelas in Puerto Rico. The facility marks a major milestone and supports the island’s economy with full-service, sustainable energy solutions to industrial and commercial operators in Central America and the Caribbean. The facility will significantly grow the company’s service capabilities in Puerto Rico, delivering