Energy commodity trader Gunvor Group has made an investment in Artemis Technologies as part of its commitment for developing nonhydrocarbon solutions for marine transportation.
Earlier, Artemis Technologies-led Belfast Maritime Consortium had received an innovation grant of £33m from the UK Government for developing zero-emission high-speed ferries.
Gunvor Group chairman Torbjörn Törnqvist said: “Artemis Technologies is working on a number of compelling innovations that will help decarbonise the maritime sector at a time when there is a growing demand for low-carbon alternatives.
“Gunvor has committed to reduce the carbon footprint of the commodities we’re trading and our industrial processes, as well as to explore relevant commercial opportunities. There is no silver bullet to the climate change issue. Many solutions are…