Tag: sustainability

The European Commission and the European Investment Bank have announced €18 billion of financing under Global Gateway, Europe's investment strategy for partner countries.

Shipping is racing to comply with stringent emissions regulations and targets. Faced with multiple ‘fuels of the future’ and the associated spectre of stranded assets, the industry is overlooking a sustainable solution that should, quite literally, blow them away, says Diane Gilpin, CEO of Smart Green Shipping.

There is undoubtedly a significant moral case behind sustainability and ESG, but a better understanding of it can demonstrate how the business case is equally strong, argues Gina Panayiotou, ESG Manager, West of England P&I.

Liquid Wind published a White Paper on the economic implications of e-fuel Well-to-Wake (WTW) emissions, concluding that eMethanol is the best alternative to fossil fuels.

Capital Ship Management Corp. (Capital) took delivery last week of the newbuilding vessels Atrotos and Anikitos, two 50,000 dwt, eco-type chemical/product MR tankers, built by Hyundai Vietnam Shipyard. 

According to West of England, the Panama Canal Authority (ACP) has implemented a range of measures, towards sustainability and environmental responsibility, with two key initiatives being the Panama Canal Green Route Plan 2050 and the Carbon Neutrality Commitment by 2030.

In recognition of mutual interests in maritime education and research, RINA has signed a Memorandum of Understanding (MoU) with the World Maritime University (WMU).

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).

Mr Peter Jameson, Partner, Boston Consulting Group (BCG), highlights that ESG is more than just tackling with emissions. It equally involves actions like health and safety, diversity and equal opportunities, but these are often less regarded topics to a business’s development.

Advario Projects B.V. has signed a sales and purchase agreement in early April with Aluminium & Chemie B.V. (Aluchemie) to develop to develop a new, future-focused energy storage terminal in Port of Rotterdam.