Dalio’s Billions to Help Map Oceans as Deep-Sea Race Advances

Billionaire Ray Dalio’s philanthropic arm is backing new research in the Indian Ocean to bolster marine protection after nations pledged to curb exploitation of the deep seas.

A former oil exploration ship operated by Dalio’s nonprofit OceanX set sail Tuesday from Singapore on a 24-day study of a chain of underwater mountains across an area of more than 17,000 square kilometers (6,560 square miles).