ClassNK Supports Ship Finance for Decarbonization with CO2 Emissions Calculations

MarineLink
Thursday, February 17, 2022

ClassNK will calculate the CO2 emissions from the ships to be financed under the Sustainability-Linked Loan provided by ORIX Corporation (ORIX). The ship finance agreement signed between ORIX and a shipowner in Hong Kong is a sustainability-linked loan. A standard value is set for the annual CO2 emissions of the vessels to be financed, and if the annual CO2 emissions of the vessels after the loan has been granted is below the standard value, a preferential interest rate is given for the following year. ClassNK will calculate the CO2 emissions of the vessels to ensure objectivity and fairness of the loan framework.

Categories: Shipbuilding Finance Emissions Ship Finance

Related Stories

Shuttle Tankers: A Distinct Vessel Breed, a Niche Market

ABB to Power Allseas’ Heavy Transport Vessel Grand Tour

Strong Cargo Demand Offsets Rising Costs for ONE

Current News

ZIM Q2 Profit Jumps as Transpacific Strength, Higher Rates Lift Results

New GHG Data Framework for RoRo Vessel

SOHAR Port Cargo Throughput Jumps 52% in First Half of 2026

Hormuz Traffic Slows as Uncertainty Persists

Subscribe for Maritime Logistics Professional E‑News