World Cargo News - Smart Green Shipping closes in on new funding round
Scottish wind-as-a-service provider Smart Green Shipping (SGS) is closing its current funding round. The work is being managed by Aberdeen-based investment bank, Piper Sandler, as commercial shipping looks for practical, near-term solutions to cut fuel consumption and emissions. The round has attracted interest from both existing and new investors, reflecting growing confidence in wind-assisted propulsion as a viable tool for decarbonising large parts of the global fleet.