IINO announces investment in maritime VC fund managed by theDOCK

IINO Kaiun Kaisha, Ltd. (IINO) announces its investment in the maritime funds managed by theDOCK※, an Israel based venture capital (VC) firm, in furtherance of IINO's adoption and support in maritime innovation.

IINO sets "Creation of Economic and Social Value" as core objectives in its mid-term management plan FY2023-2025, "The Adventure to Our Sustainable Future." By partnering with theDOCK, IINO aims to identify promising technologies that improve its operation for the Creation of Economic Value, while contributing to the development of innovative technologies that address industry's challenges, typified by the carbon neutrality by 2050 and energy transformation toward that, for the Creation of Social Value. 

＜Outline of our mid-term management＞

Through the strategic investment to maritime VC funds, IINO will build stronger cooperation with maritime startups and like-minded maritime innovators across the world for the attainment of more efficient and sustainable shipping. 

theDOCK: Israel based VC firm focusing on Maritime, Supply Chain, and Offshore sectors. As located in Israel, a start-up nation, theDOCK primarily investing in Israel's startups to delivery its technology to maritime sector. 

Contact:
Business Strategy Department
Phone +81-3-6273-3067 
Inquiry Form: https://www.iino.co.jp/kaiun/english/contact/

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