Cargill will take a minority stake in ZeroNorth, Maersk Tankers’ digital spin-off, as the two major shipping players continue to strengthen their business ties.
As part of the agreement, the US trading giant’s operated fleet of about 650 vessels will be using ZeroNorth’s flagship software, Optimise, in its efforts to reduce bunker consumption and greenhouse gas emissions.
The companies did not disclose further details on the deal, which is still subject to anti-trust review and approval.
