The new investors, representing a wide spectrum of the bulk ocean transportation industry, have agreed in principle to invest and become participants in LevelSeas. They would join BP, Cargill, Clarksons, Shell and venture capital company eVolution Global Partners, the venture’s existing investors.
The 26 companies that intend to join are: A. P. Moller, Alcoa Steamship Co., Bocimar, Lauritzen Bulkers, Archer Daniels Midland/Toepfer International Group, Mitsubishi Corp., Armada Shipping, BHP Transport and Logistics Pty Ltd., A. M. Nomikos Transworld Maritime, Billiton Marketing, Norden, Pan Ocean Shipping, Chevron Transport Corp. Ltd., Rio Tinto Shipping, Coeclerici Armatori, Teekay Shipping, Companhia Vale do Rio Doce, A/S Dampskibsselskabet Torm, Louis Dreyfus e-Business Ventures, TotalFinaElf Group, Fairmont Shipping, Transfield Shipping, Fednav Ltd., Tschudi & Eitzen Bulkers, Glencore International, and Western Bulk Carriers Holding.
LevelSeas did not disclose the amount of the finance to be raised from the new investors.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now