Japanese buying and selling home Itochu Corp has invested in UK-based Purus Marine, an increasing shipowning firm targeted on low-carbon delivery investments.
Established in 2020, the Julian Proctor-led outfit has already acquired a fleet of greater than 60 vessels within the ammonia and LNG sectors, battery hybrid offshore wind vessels in addition to carbon seize and scrubber-fitted containerships and electrical ferries.
Itochu has been closely concerned within the growth of the Japanese ammonia provide chain, together with ammonia-powered deepsea ships.Â
The dimensions of the funding, which can see the 2 corporations collectively develop and personal low-carbon belongings that contribute to decarbonation within the Japanese market, has not been disclosed. Each corporations have been approached for remark.
