Page 33 - Poseidon Principles News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Watson Farley & Williams (“WFW”) has advised Piraeus Bank S.A. (“Piraeus Bank”) on a US$16.85m sustainability-linked loan to a subsidiary of the Seanergy Maritime Holdings Corp. (“Seanergy”). The transaction included a margin adjustment mechanism based on carbon intensity rating as an incentive for the owner to reduce carriers’ carbon emissions. It also incorporated disincentives for ...

There has been a decline in new shipbuilding orders in Japan. According to the Shipbuilders’ Association of Japan’s statistics for 2021, while there…

PROW Capital is proud to announce the launch of the Green Shipping Fund (GSF), a €420 million debt fund that provides credit to shipowners for investments in new and existing vessels or retrofits that demonstrate measurable emissions reductions. The funding of GSF has been structured and arranged in close cooperation with Banco Santander S.A and ...

Wartsila, a company in the spearhead of shipping’s decarbonization efforts, expects more to be done in the coming months and years, in terms of accelerating the inevitable need to lower emissions. However, as Mr. Sachin Kulkarni – Head of Sales, Marine Power, South Asia, Wärtsilä says, in an exclusive interview with Hellenic Shipping News Worldwide ...

Poseidon Principles will most likely change its ambition level in the first months of 2022, and it will certainly not wait for IMO, chairman of the alliance Michael Parker said at the Ship Zero Conference in Glasgow this week.