Carriers

German shipping group launches venture capital arm

Columbia Group will invest in startup companies to help them achieve commercial breakthroughs on their markets.
Photo: Tatiana Meel/Reuters/Ritzau Scanpix
Photo: Tatiana Meel/Reuters/Ritzau Scanpix
by JENS THOMSEN

German shipping group Columbia Group, which operates Columbia Shipmanagement and offers a range of specialized services within the commercial shipping, cruise and offshore sectors, has established a new venture entity, Galactic Beacon Ventures.

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