The year 2019, when the valuations of various freight transport-related start-ups were sky high, and every little innovation was hailed as a revolutionary change, felt so "century ago" by March 2020, all because of the coronavirus pandemic (COVID-19).
The Nordic Investment Bank (NIB) and Klaipėda State Seaport Authority have signed a 17-year-long €68m-big credit facility agreement aimed at renewing the port's infrastructure.
We've been reporting on the topic of cutting down the sea shipping industry's carbon intensity for a long time now and have done so from multiple angles - technological, financial, regulatory, and even political.