Subscribe to our Mailing Lists (It's free!)
Saturday, April 17, 2021
No Result
View All Result
SAFETY4SEA
  • Home
  • Safety
    • All
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
    armed robbery against ships in Asia

    17 armed robberies against ships in Asia mark a 39% decrease in Q1

    crew released

    10 kidnapped crew from ”Davide B” released

    ITIC crew test

    Thorough check of crew COVID-19 tests is vital, says ITIC

    Trending Tags

    • Green
      • All
      • Arctic
      • Ballast
      • Emissions
      • Fuels
      • Green Shipping
      • Pollution
      • Ship Recycling
      • Technology
      singapore carbon neutral cargo

      Singapore receives its first carbon neutral LNG cargo

      first biofuel trial

      First biofuel trial of ocean-going vessel realized in Singapore

      ammonia engine

      Trafigura to co-sponsor development of ammonia engine

      Trending Tags

      • Smart
        • All
        • Connectivity
        • Cyber Security
        • E-navigation
        • Energy Efficiency
        • Maritime Software
        • Smart
        Key elements for remote surveys onboard ships

        Key elements for remote surveys onboard ships

        port of rotterdam

        Port of Rotterdam provides real-time digital overview of arrival times

        predictive maintenance

        NYK to adopt predictive maintenance AI tool on its fleet

        Trending Tags

        • Risk
          • All
          • CIC
          • Detentions
          • Fines
          • PSC Focus
          petroleum carrier fined

          Petroleum carrier ordered to pay $375K to seafarer fired for cooperating with explosion investigation

          australia detains ships

          Australia detains two ships due to labour violations

          tokyo mou cic

          Tokyo MoU CIC report: 55 detentions for CIC-related deficiencies in 2019

          Trending Tags

          • Others
            • All
            • Diversity in shipping
            • Maritime Knowledge
            • Offshore
            • Ports
            • Reports
            • Shipping
            • Sustainability
            • Videos
            cruise ships venice

            Cruise transits to continue in Venice despite ban

            maritime choke points

            Panama Canal postpones transit reservation fees until June

            Hapag-Lloyd

            Hapag-Lloyd announces major box investment to address container shortage

            Trending Tags

            • Columns
              safety culture

              Waste of Space : A fresh look into Bridge Design

              TT Club Suez Canal

              “EVER GIVEN” Suez Delays: Who pays for the consequences?

              maritime nz update

              COVID-19 and bill of lading fraud

              Trending Tags

              • Career Paths
              • Industry Voices
              • Maripedia
              • Maritime History
              • Resilience
              • Seafarers Stories
              • SeaSense
            • Events
            • Plus
            • Home
            • Safety
              • All
              • Accidents
              • Alerts
              • Loss Prevention
              • Maritime Health
              • Regulation
              • Safety
              • Seafarers
              • Security
              armed robbery against ships in Asia

              17 armed robberies against ships in Asia mark a 39% decrease in Q1

              crew released

              10 kidnapped crew from ”Davide B” released

              ITIC crew test

              Thorough check of crew COVID-19 tests is vital, says ITIC

              Trending Tags

              • Green
                • All
                • Arctic
                • Ballast
                • Emissions
                • Fuels
                • Green Shipping
                • Pollution
                • Ship Recycling
                • Technology
                singapore carbon neutral cargo

                Singapore receives its first carbon neutral LNG cargo

                first biofuel trial

                First biofuel trial of ocean-going vessel realized in Singapore

                ammonia engine

                Trafigura to co-sponsor development of ammonia engine

                Trending Tags

                • Smart
                  • All
                  • Connectivity
                  • Cyber Security
                  • E-navigation
                  • Energy Efficiency
                  • Maritime Software
                  • Smart
                  Key elements for remote surveys onboard ships

                  Key elements for remote surveys onboard ships

                  port of rotterdam

                  Port of Rotterdam provides real-time digital overview of arrival times

                  predictive maintenance

                  NYK to adopt predictive maintenance AI tool on its fleet

                  Trending Tags

                  • Risk
                    • All
                    • CIC
                    • Detentions
                    • Fines
                    • PSC Focus
                    petroleum carrier fined

                    Petroleum carrier ordered to pay $375K to seafarer fired for cooperating with explosion investigation

                    australia detains ships

                    Australia detains two ships due to labour violations

                    tokyo mou cic

                    Tokyo MoU CIC report: 55 detentions for CIC-related deficiencies in 2019

                    Trending Tags

                    • Others
                      • All
                      • Diversity in shipping
                      • Maritime Knowledge
                      • Offshore
                      • Ports
                      • Reports
                      • Shipping
                      • Sustainability
                      • Videos
                      cruise ships venice

                      Cruise transits to continue in Venice despite ban

                      maritime choke points

                      Panama Canal postpones transit reservation fees until June

                      Hapag-Lloyd

                      Hapag-Lloyd announces major box investment to address container shortage

                      Trending Tags

                      • Columns
                        safety culture

                        Waste of Space : A fresh look into Bridge Design

                        TT Club Suez Canal

                        “EVER GIVEN” Suez Delays: Who pays for the consequences?

                        maritime nz update

                        COVID-19 and bill of lading fraud

                        Trending Tags

                        • Career Paths
                        • Industry Voices
                        • Maripedia
                        • Maritime History
                        • Resilience
                        • Seafarers Stories
                        • SeaSense
                      • Events
                      • Plus
                      No Result
                      View All Result
                      SAFETY4SEA
                      No Result
                      View All Result

                      Watch: ESG issues influence maritime financing decisions

                      by The Editorial Team
                      February 25, 2021
                      in Shipping, Videos
                      FacebookTwitterEmailLinkedin

                      Sustainability concerns have rocketed up the shipping agenda over the past decade, with environmental, social and corporate governance (ESG) issues already influencing financing decisions, fleet renewal and regulatory change across the industry, according to a survey by Watson Farley & Williams.

                      According to a series of interviews and a global survey of 545 senior industry actors, WFW find that decarbonisation of shipping is by far the most complex and pressing area. Most of the focus to date has been on the ‘E’ in ESG, but the ‘S’ (Social) and ‘G’ (Governance) elements also present growing challenges to the industry in areas such as transparency, diversity and crew welfare.

                      Some of these problems, according to WFW, are down to simple organisational choices, but the environmental challenge, mainly the reduction of CO2 emissions, is too large for any one company, even any one set of stakeholders, to address.

                      There are significant technological, financial and regulatory hurdles to clear before shipping has a viable path towards the International Maritime Organisation’s goal of 50% lower greenhouse gas emissions by 2050, including the recurring question of who shoulders the risk and cost of developing new technologies

                      In addition, shipping faces structural upheaval. Longstanding pressures on smaller shipowners to consolidate may become difficult to ignore in the pursuit of a sustainable industry, while the privacy traditionally embraced by sections of the industry may come under pressure from demands for greater transparency from investors, lenders, regulators and customers.

                      RelatedNews

                      Cruise transits to continue in Venice despite ban

                      Panama Canal postpones transit reservation fees until June

                      Moreover, the survey finds that 62% of shipowners are likely or very likely to form joint ventures to fund innovation in the next five years, while its highlights can be summarized in six key findings:

                      1. Reducing carbon emissions is the main and most immediate challenge, though trade tensions, Covid-19 and access to finance are also important;
                      2. Financiers attach more importance to sustainability issues than operators do;
                      3. Despite commitment to sustainability, traditional ship finance banks have a limited appetite for funding new clean-technology upgrades themselves – or accommodate their financing by others;
                      4. Decarbonisation looks set to drive greater cooperation among industry participants;
                      5. Industry looks to governments to lead the funding of clean technology and fuel research;
                      6. Shipowners are wary of committing to many new green technologies.
                      Tags: green practicesreducing shippingsmvideos

                      Leave a Reply Cancel reply

                      Your email address will not be published. Required fields are marked *

                      Recommended

                      safety culture

                      Waste of Space : A fresh look into Bridge Design

                      April 16, 2021
                      armed robbery against ships in Asia

                      17 armed robberies against ships in Asia mark a 39% decrease in Q1

                      April 16, 2021
                      MARITIME EVENTS

                      Most Read

                      • scottish maritime sector

                        Do you know why is a ship called she?

                        0 shares
                        Share 0 Tweet 0
                      • Emergency Procedures: Fire onboard

                        0 shares
                        Share 0 Tweet 0
                      • Changes to the LSA Code and SOLAS – requirements for lifejackets

                        0 shares
                        Share 0 Tweet 0
                      • Company to hold public forum on oil leak in Gulf

                        0 shares
                        Share 0 Tweet 0
                      • STCW 2010 Amendments : What you need to know

                        0 shares
                        Share 0 Tweet 0

                      Newsletter

                      GET THE SAFETY4SEA IN YOUR INBOX!

                      Explore

                      • Safety
                      • Green
                      • Smart
                      • Risk
                      • Others
                      • Events
                      • Plus

                      Useful Links

                      • About
                      • Disclaimer
                      • Editorial Policies
                      • Advertising
                      • Contact

                      © 2021 SAFETY4SEA

                      No Result
                      View All Result
                      • Safety
                        • Alerts
                        • Accidents
                        • Loss Prevention
                        • Maritime Health
                        • Regulation
                        • Safety
                        • Seafarers
                        • Security
                      • Green
                        • Arctic
                        • Ballast
                        • Emissions
                        • Fuels
                        • Green Shipping
                        • Pollution
                        • Ship Recycling
                        • Technology
                      • Smart
                        • Connectivity
                        • Cyber Security
                        • E-navigation
                        • Energy Efficiency
                        • Maritime Software
                        • Smart
                      • Risk
                        • CIC
                        • Detentions
                        • Fines
                        • PSC Focus
                        • Vetting
                      • Others
                        • Diversity in shipping
                        • Maritime Knowledge
                        • Offshore
                        • Ports
                        • Shipping
                        • Sustainability
                        • Videos
                      • Columns
                        • Opinions
                        • Career Paths
                        • Industry Voices
                        • Maripedia
                        • Maritime History
                        • Seafarers Stories
                        • SeaSense
                      • Events
                      • Plus

                      © 2021 SAFETY4SEA

                      This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Disclaimer.