The Poseidon Principles – focusing on operations and data
Photo: Global Maritime Forum When it comes to green financing of vessels it is not just about the design, but also operational efficiency and reporting to ensure lower emissions. Speaking at the Hellenic American & Norwegian American Chambers of Commerce annual shipping conference Michael Parker, top ship finance banker at Citibank, and a top architect of the Poseidon Principles, commented in their first report on meeting decarbonisation targets, saying, “We’ve learned a few things….but we won’t change the underlying principles until the IMO chan...
Source: seatrade-maritime.com