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December 17, 2020
By Jonathan Saul LONDON, Dec 17 (Reuters) – U.S. investment company EnTrust Global, already a player in shipping finance, aims to buy ships that generate lower emissions, an executive said, the latest sign of efforts in the shipping industry to go green. Global shipping accounts for nearly 3% of the world’s CO2 emissions, putting the industry under pressure to clean up. About 90% of world trade is transported by sea. New York-based EnTrust, which has $18.9 billion in assets, lends to ...
December 17, 2020
© Mariusz / Adobe Stock U.S. investment company EnTrust Global, already a player in shipping finance, aims to buy ships that generate lower emissions, an executive said, the latest sign of efforts in the shipping industry to go green. Global shipping accounts for nearly 3% of the world’s CO2 emissions, putting the industry under pressure to clean up. About 90% of world trade is transported by sea. New York-based EnTrust, which has $18.9 billion in assets, lends to the shipping sector through...