Launched in late 2019, the Coalition for the Energy of the Future aims at accelerating the development of future energies and technologies to sustain new green mobility models and reduce the impact of transport and logistics on climate change.

GasLog Ltd. (“GasLog”) (NYSE: GLOG) today announced that it has entered into an agreement and plan of merger (the “Merger Agreement”) with BlackRock’s Global Energy & Power Infrastructure team (collectively, “GEPIF”), which is focused on essential, long-term infrastructure investments in the energy and power sector.

Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that it entered, through a separate wholly-owned subsidiary, into an agreement to purchase a 2010 Korean-built Kamsarmax dry bulk carrier from an unaffiliated third-party for a purchase price of $14.8 million.

More than a dozen seafarers from South Korea, Myanmar, Vietnam and Indonesia are now making their way home after the International Transport Workers’ Federation (ITF) and its Iranian affiliate helped broker their release from Iranian authorities.

The transoceanic shipping industry might be the most carbon efficient mode of transport, but the fact remains that it still accounts for nearly 3% of global man-made greenhouse gas emissions.