Mitsui backs maritime investment fund to support sustainable shipping

May 20, 2024


As informed, the company will invest through intermediate companies, together with Mitsui & Co. Alternative Investments Limited, a subsidiary of Mitsui.

“This strategic move aligns with our commitment to meeting diverse international maritime needs while promoting stable and sustainable supply chains and reducing the carbon profile of the shipping industry,” Mitsui noted.

Navigare was established in 2017 by Robert Maersk Uggla, the Chairman of Danish shipping major A.P. Moller Maersk. It has since formed and operated two maritime investment funds. Accumulated operating assets have reached approximately $2 billion.

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