Marine Capital drops LNG and bets on offshore wind

Investment company Marine Capital drops LNG and plans to phase out all conventional vessels to instead go for offshore wind. Green aspects are crucial in capturing the attention of investors, explains CEO Tony Foster in an interview with ShippingWatch.

"I think LNG has become more challenging. It's more challenging for institutional investors," Tony Foster said in an interview with ShippingWatch. | Photo: Marine Capital

London-based investment company Marine Capital has changed direction and is now headed towards greener investments.

When ShippingWatch last spoke to Marine Capital's CEO Tony Foster in late 2018, he pointed to LNG tankers in particular as an area of interest.

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