Pledge drive urges funding racially diverse climate efforts

first_imgLocal NewsStateUS News Pledge drive urges funding racially diverse climate efforts By Digital AIM Web Support – February 4, 2021 TAGS  Facebook Pinterest Pinterest WhatsAppcenter_img Ashindi Maxton, co-founder of the Donors of Color Network, poses for The Associated Press, Wednesday, Feb. 3, 2021, in Baltimore. The philanthropic group dedicated to pushing for racial equity in funding environmental projects nationwide, launched a pledge drive challenging the nation’s top climate funders to shift 30% of their donations toward environmental efforts led by Black, Indigenous and other people of color. Twitter Previous articleNEO Announces Public Markets Debut of BGP Acquisition Corp.Next articleAmbu Expands Single-Use Endoscopy Contracts with Two U.S. Group Purchasing Organizations Digital AIM Web Support Facebook Twitter WhatsApplast_img read more

ESL Shipping Seals Acquisition of [email protected] Shipping

first_imgFinnish dry bulk shipping company ESL Shipping has completed the acquisition of all the outstanding shares of [email protected] Shipping AB and [email protected] Holding AB, announced at the end of June.As a result, the company expects its net sales to double from EUR 80 million to approximately EUR 160 million. Based on the calculations using figures from 2017, the cargo volume carried is expected to increase from approximately 11-12 million tonnes to approximately 16-17 million tonnes.As disclosed earlier, the value of the acquired enterprise is EUR 30 million (USD 34.9 million). The  purchase was financed by Aspo’s existing financing reserves, and new shares issued by Aspo Plc, the owner of ESL [email protected] operates 30 vessels in size of 4,000-5,000 tonnes. The company owns six dry cargo vessels in full, and has a share of 49% of two vessels. The other 22 vessels are time-chartered.The combination of vessels will bring ESL Shipping’s fleet to a total of 50 ships, including new LNG-powered ships, with a deadweight capacity of 468,000 tonnes compared to the previous 331,000 tonnes.“Together we form a strong Nordic shipping company that is customer-driven. It has strong shoulders to build future success determinedly,” Mikki Koskinen, Managing Director of ESL Shipping, commented.” The acquisition will shift ESL Shipping to a new size class and put it in a good position to improve operational efficiency and overall profitability of the shipping company,” says Aki Ojanen, CEO of Aspo Plc and Chairman of the Board of Directors of ESL Shipping, said.last_img read more