Norwegian Group Katapult Ocean Invests in ecoSPEARS Environmental Startup With NASA Clean Water Technology

ORLANDO, Fla., Oct. 14, 2020 /PRNewswire/ — ecoSPEARS understands that toxins are polluting land and waterways. When these contaminants remain in the environment, they can cause congenital disorders and diseases to animals and people.ecoSPEARS develops climate-friendly technology solutions to remove the toxins from the environment, so everyone has access to clean water, clean food, and clean air. 

In the selection process, Katapult Ocean screened and interviewed a pipeline with more than 1,500 startups. Since 2018, Katapult Ocean has made 32 investments in exciting ocean impact companies from all over the world (17 countries and four continents). “Few options exist when it comes to eliminating persistent and emerging contaminants in soil, sediment, and oil – a problem which has grown with industry globally. ecoSPEARS is well-positioned to become the benchmark cleantech company for green remediation,” said Jonas Skattum Svegaarden, CEO of Katapult Ocean. 

ecoSPEARS imagines a world where every

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Carnival, Royal Caribbean, and Norwegian Cruise Line Stocks Are Sinking This Week

This has been a rough week for cruise stock investors. Shares of Carnival (NYSE:CCL) (NYSE:CUK), Royal Caribbean Cruises (NYSE:RCL), and Norwegian Cruise Line Holdings (NASDAQ:NCLH) have declined 10%, 8%, and 10%, respectively, through Thursday’s close. 

Carnival announced it would be selling two more of its ships. It’s also laying off 100 — or 10% — of its ship officers. A panel led by Royal Caribbean and Norwegian Cruise Line also issued its recommendations for setting sail again safely, and let’s just say that the cruising experience will be more than a little different when passenger voyages get going again. Throw in iffy economic news, a pandemic that isn’t showing any signs of going away anytime soon, and a slow-footed approach to injecting another round of financial stimulus into taxpayer pockets, and you have a gloomy outlook for the cruising industry.

Someone zip-lining in Labadee with a Royal Caribbean cruise ship in the water.

Image source: Royal Caribbean Cruises.

That sinking feeling

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