Switch Maritime has secured non-dilutive bridge financing from Enduring Planet to support its grant-funded hydrogen ferry projects ahead of scheduled reimbursement payments.
Multratug 5, a Damen Stan Tug 1205 and Multratug 6, a Damen ASD Tug 2810, were immediately entered into service upon delivery to Multraship and are currently in operation in the River Scheldt area.