A dedicated capital partner for green port infrastructure

The new startup called Seacap, aims to remove financial barriers for ports seeking zero-emission solutions, partnering with a leading European investment fund to unlock over $300 million for port infrastructure and shore power projects.

“We’ve developed a model that removes the biggest barrier: Access to capital. Our solutions make it possible to act today – not five or ten years from now,” said Seacap founders Robert Svendsen and Styrk Bekkenes.

Long-term support

Seacap’s marine finance model offers ports long-term support for new construction, extensions and upgrades, helping operators boost competitiveness, attract more vessel calls and meet regulatory demands without draining public budgets.

The Municipal ports could be especially keen to benefit from the model, as they often face competing needs in education, healthcare and public works.

With subsidies for shore power installations now largely phased out, European ports are under growing pressure from governments, the EU and shipping customers to accelerate green transitions.

So Seacap which is based out of Norway, is helping fill the niche as an investment fund partner to help ports transform into future-ready energy hubs supplying, storing and producing clean fuels.

“We want to act as an accelerator for the transition to zero-emission solutions in the maritime industry,” said Mr Svendsen.

“Norway is the ideal launchpad, but our ambitions are pan-European. This is where the green port transition must accelerate and we’re ready to help lead it.”