Tag: green finance

According to a new CE Delft study, the global shipping industry can cut emissions by nearly half by the end of the decade.

Diana Shipping, a shipping company specializing in dry bulk vessels, has announced that it has signed a sustainability linked loan of $91 million with ABN AMRO Bank.

According to Reuters, Russian President and Iranian counterpart, signed a deal to finance and build Iranian railway line as part of an embryonic international North–South Transport Corridor.

The Ministry of Ports, Shipping, and Waterways (MoPSW) of India will provide 30% financial support for the development of green shipping and digitization.

During the 2023 GREEN4SEA Athens Forum, Dr-Ing Orestis Schinas, Scientific Advisor, HHX.blue, briefly outlined the provisos and impacts on shipping of sustainable finance, Poseidon Principles and EU Taxonomy, which are currently major developments in Europe’s financial markets.

Seanergy Maritime announced two sale and leaseback agreements of the existing indebtedness over two vessels. Moreover, the M/V Championship has been refinanced through a new sustainability-linked loan provided by a major European lender.

MISC Group (MISC), through its Singapore-based subsidiaries, entered into a $527 million syndicated loan facility for the financing of six Very Large Ethane Carriers (VLECs).

The International Renewable Energy Agency (IRENA) published the World Energy Transitions Outlook 2023 report to assess the energy landscape's progress toward meeting the Paris Agreement goals.

The second day of the GreenPort Congress delved into a range of topics including ESG (environmental, social, corporate governance), green finance, multimodal supply chains, decarbonisation regulations and projects and digital tools.

ICS Board met in London last week to unanimously support the proposal for shipowners to make mandatory contributions per tonne of CO2 emitted to create a new IMO fund to be established by 2024.