Archive

  • Sustainability-linked shipping finance ready to set sail

    18 December 2023

    Shipping firms could turn to more sustainability-linked finance after the IMO delivered a long-awaited net zero transition plan. Ahren Lester reports

  • EU ETS extension to shipping a 'game-changer' for industry

    29 March 2022

    The extension of the EU emissions trading system (ETS) to include shipping will be a "game-changer" for the greenhouse gas (GHG) emissions reduction trajectory for the industry...

  • News round-up: BlackRock, Eurazeo, CBL, COP26 and Standard Chartered

    20 April 2021

  • Standard Chartered signs up to Poseidon Principles

    20 April 2021

  • Dredging firm Van Oord signs first green loan for LNG ships

    02 June 2020

    Dutch offshore contracting firm Van Oord has secured its inaugural green loan to finance three liquefied natural gas (LNG)-fuelled dredging vessels in a bid to reduce the emissions of its fleet.

  • Shipping - the trillion-dollar challenge

    24 January 2020

    The growing support for the Poseidon Principles underlines the crucial role for finance in helping the shipping industry chart a course towards a greener future, says Ahren Lester

  • Shipping industry cuts sulphur limit for marine fuel

    06 January 2020

    The maximum sulphur content of marine fuels was slashed by regulators in a bid to reduce air pollution, although campaigners warned more work is still required by the industry.

  • Shipping industry's $5bn decarbonisation research commitment judged too small

    20 December 2019

    Proposals by the International Chamber of Shipping (ICS) for a $5 billion levy on shipping to fund research into how to decarbonise the industry was dismissed as "a drop in the ocean" by environmental campaigners.

  • MEPs support for EU ETS could treble carbon price

    15 February 2017

    Members of the European Parliament (MEPs) have agreed to strengthen the EU Emissions Trading Scheme (ETS) in a move which one analyst said has the potential to triple allowance price forecasts for 2020.

  • IMO lobbies against inclusion of shipping in EU ETS

    11 January 2017

    The International Maritime Organisation (IMO) has added its weight to the campaign against plans to include shipping in the European Union's Emissions Trading System (EU ETS).