Aqualung Carbon Capture AS announced that it expects to receive $10 million in funding .
May 11, 2022
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Aqualung Carbon Capture AS announced a private placement of 716,700 common shares at a price of of $13.952839 per share for gross proceeds of $10,000,000 on May 12, 2022. The transaction included participation from new investor Standard Lithium Ltd. for $2,500,000, Standard Lithium Ltd., Golar LNG Limited, Global Ship Lease, Inc., MKS Pamp Group B.V. As part of the transaction, Andy Robinson of Standard Lithium Ltd., and a representative of Golar LNG Limited will join the board of directors of the company.
Global Ship Lease, Inc. is a United Kingdom-based containership owner, leasing ships to container shipping companies under industry-standard, fixed-rate time charters. The Company focuses on mid-size Post-Panamax and smaller containerships. As a containership owner, its business is both procyclical with chartered tonnage and counter-cyclical with sale and lease-back structures. The Company owns 68 containerships, ranging from 2,207 to 11,040 TEU, with a combined capacity of 375,406 TEU. 36 ships are wide beam Post-Panamax. The mix of ship sizes within its fleet provides flexibility to deploy its vessels on a range of trading routes. Its portfolio of vessels includes CMA CGM Thalassa, ZIM Norfolk, Anthea Y, ZIM Xiamen, MSC Tianjin, MSC Qingdao, GSL Ningbo, GSL Alexandra, GSL Effie, GSL Lydia, GSL Sofia, GSL Kalliopi, GSL Grania, GSL Eleni, Mary, Kristina, Katherine, Alexandra, Alexis, Olivia I, CMA CGM Berlioz, Agios Dimitrios, and GSL Christel Elisabeth, among others.
GLOBAL SHIP LEASE, INC. 
