Tag: sustainability

In today's disruptive, demanding, and dynamic environment, the maritime industry is realigning its ambitious goals with the ESG criteria to optimize long-term value for all stakeholders, strengthening its environmental and social effect as well as its corporate governance.

The EU and the Republic of Korea have established a Green Partnership with the aim of strengthening bilateral cooperation and exchanging best practices on climate action, clean and fair energy transition, protection of the environment, and other fields of the green transition.

Damen Shipyards and Boluda Towage announced that they have joined forces to bring zero-emissions tugs to Europe.

Bo Jiang and Gary LaFree have published a paper which tests the possibility that climate change affects participation in maritime piracy, depending on the specific ways that it impacts regional fish production.

Environmental, social, and governance (ESG) considerations are increasingly playing a significant role in the investment decisions of marine stakeholders while more and more maritime companies are putting their own ESG reporting strategies into practice.

Developing an ESG strategy can feel overwhelming and challenging but with the right tools and practices, organizations can create a plan that supports risk management and promotes positive impact.

Shipping faces a wide variety of ESG risks through the entire value chain. Mr Bjørn Kjærand Haugland, co-founder and Chief Executive Officer of Skift Business Climate Leaders enumerates the 13 key areas from a global perspective that should be on top of the ESG agenda for the shipping industry.

According to DNV, European Parliament (EP), the Council of the European Union, and the European Commission (EC) have reached an agreement on the FuelEU Maritime regulation, with the objective to increase the share of renewable and low-carbon fuels in the fuel mix of maritime transport in the EU. 

Gard Club has published an alert to warn masters and crews operating along the US/Canadian East Coast to maintain a good lookout for North Atlantic right whales and follow the speed restrictions in force at any given time.

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.