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

Aderco's 2055G+: Emissions Performance with Shared, Verifiable Data

World First: Ship-to-Ship Ammonia Bunkering

Nuclear Power Considered for Transatlantic Container Route

Current News

Singapore Ship Registry Marks 60 Years, Plans Digital Upgrade

European Wheat Prices Rise to One-Week High

US LNG Exports Increase in September, Europe Outbids Asia for Cargoes

FPT, ZEBOX to Advance AI Solutions in Transportation, Logistics

Subscribe for Maritime Logistics Professional E‑News