Page 43 - Poseidon Principles News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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...

Guide to freight transportation and logistics. Freight shipping and cargo logistics via all modes of transport including forwarding, cargo, freight, trucking, air freight, cargo shipping, express freight, freight forwarders, intermodal, container companies, third party logistics providers, maritime, moving, storage, railroads, trucking, customs house brokers, steamship companies, transportation brokers, freight clearinghouses, leasing and capital equipment financing, shipment tracking, shipment tracing, shipment pricing

Infinity Maritime announces broker ecosystem with world leading ship brokers Infinity Maritime embraces the maritime ecosystem from banks to brokers, digitising environmentally friendly vessels. They have now announced collaboration with world leading maritime brokers Maersk Broker, SSY, Arrow and BRS. Infinity Maritime, which aims to be the first platform to provide alternative maritime finance through digitisation enabling fractional ownership of cargo ships, such as dry bulk carriers, tankers and container ships, has announced a new collaboration with four major ship brokers. Infinity Mari...

Seaspan pockets $200 million from sustainability-linked bonds January 22, 2021, by Jasmina Ovcina  Seaspan Corporation, a wholly-owned subsidiary of Atlas Corp., has raised $200 million from new senior unsecured sustainability-linked bonds in the Nordic bond market. The bonds will mature in February 2024 and bear interest at 6.5% per annum. The net proceeds from the bond issue will be used for general corporate purposes, which may include repayment of debt. “We are pleased to continue to access the unsecured credit markets with this issuan...

January 15, 2021 BW LPG – the world’s leading owner and operator of LPG vessels – will retrofit another three MAN B&W 6G60ME-C9.2 type engines to MAN B&W 6G60ME-C9.5-LGIP dual-fuel types, capable of operating on fuel oil and LPG. Photo: MAN ES When the maritime history books are written, 2020 will be viewed as a year of pivots, re-invention and new paradigms. By February 2020, concerns about marine fuel’s sulfur content quickly shifted to near-term disruptions induced by the COVID-19 pandemic. By mid-year, with demand recovering, the conversation turned to longer term ...