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SeaVar joins hands with Jindal Steel and Power Group to advance low-cost carbon capture technology

SeaVar joins hands with Jindal Steel and Power Group to advance low-cost carbon capture technology
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Business News | SeaVar Joins Hands with Jindal Steel and Power Group to Advance Low-cost Carbon Capture Technology

Get latest articles and stories on Business at LatestLY. New Delhi [India], August 8: Carbon capture is a crucial step in addressing greenhouse gas emissions from legacy sources. However, the current cost of carbon capture stands at a prohibitive USD40-60 per tonne of CO2 captured, making carbon capture and utilisation uneconomical. SeaVar, a US-based start-up led by an Indian-origin team, has developed and patented an innovative non-amine-based CO2 capture process that is expected to reduce the capture cost significantly lower to USD17 per tonne of CO2 captured. This breakthrough is a result of SeaVar’s vast experience in installing systems in various industries, including power plants. The Southern California-based technology company was founded in 2007 by an experienced Indian-origin chemical engineer with 53 years of expertise in emission capture systems. Business News | SeaVar Joins Hands with Jindal Steel and Power Group to Advance Low-cost Carbon Capture Technology.

New delhiHemant mallyaShreyas chipalkattyDebasis maitiPower groupCouncil on energySouthern california basedJindal steelHemant soren getsEnforcement directorateMoney launderingExecutive vice president

Seaspan s 70 Vessel Newbuild Program is Now Fully Financed Following Completion of Innovative $1 4 billion Structured Financing

Seaspan Corporation (“Seaspan”), a wholly owned subsidiary of Atlas Corp. (“Atlas”) (NYSE: ATCO), today announced that on December 23, 2021, it secured the last of its financings for its full 70 vessel newbuild program, including three vessels recently delivered (the “Newbuild Program”). The proceeds from these financings total approximately $6.9 billion and will be drawn .

United statesSouth koreaChris conwayShreyas chipalkattyGraham talbotWatson farley williamsSquire patton boggsShin kimKim changE sun commercial bank ltdAtlas corpGroup atlas corpTokyo branchWorlds largest container shipping companyWhite caseCiticorp international

Seaspan Completes Full Financing for 70-Vessel Newbuild Program

Containership owner and operator Seaspan Corporation says it has completed full financing for its 70-vessel newbuild program. The final $1.4 billion in financing closed on December 23, 2021, bringing its.

South koreaChris conwayShreyas chipalkattyGraham talbotAtlas corpNewbuild programSeaspan corporationKorea trade insurance corporationImport bankCiti global headGlobal coordinatorMandated lead arrangerMaritime logisticsAgency financeExport agency

Seaspan s 70-Ship Newbuild Program Fully Financed With

Containership giant Seaspan Corporation announced on Wednesday that it now has financing lined up for its entire 70-vessel…

South koreaChris conwayShreyas chipalkattyGraham talbotAtlas corpSeaspan corporationKorea trade insurance corporationImport bankCiti global headMaritime logisticsAgency financeExport agency