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Zergratran seeks funding to build green shipping corridor as an alternative to the Panama Canal

Zergratran, a sustainable transportation company, is announcing its Reg A+ offering to raise US$75 million in funding as its initial step to build the first Green Shipping Corridor.

An alternative to the Panama Canal for shipping containers - Puerto Internacional Las Americas (PILA) is planned to be an underground green tunnel that uses Maglev technology system to transfer containers in less than 30 minutes between fully automated ports on the Atlantic and Pacific coasts of Northern Colombia.

Zergratran said this first Green Shipping Corridor will be the solution for the early adoption of sustainable technologies that will help place the sector on a pathway to achieve zero emissions.

Florida-based Zergratran noted it is addressing the need for additional marine trade routes and the sustainable choke point around the Panama Canal, while it also helps align the shipping sector with the goal of limiting the global temperature rise.

The creation of the Green Shipping Corridor comes at the time when the Green Shipping Challenge is launched at COP27 and the United States has committed to leading the transition to zero-emission shipping as part of efforts to tackle the climate crisis.

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