Marine Finance News

 

Headwinds for the Poseidon Principles

Mar 21, 2023

The Poseidon Principles provide a platform for financing shipping’s sustainable future, but the technical guidance underpinning the initiative remains under scrutiny.In July 2023, the International Maritime Organization’s Maritime Environment Protection Committee (MEPC) will consider revising the UN agency’s strategy on greenhouse gas emissions from ships. Moving on from a current target to reduce CO2 emissions from ships by at least 50% by 2050…

DP World Hires Banks for Debut Green Sukuk

Sep 04, 2023

Dubai-owned ports giant DP World is planning to issue its first 10-year U.S. dollar-denominated green sukuk following investor meetings on Sept. 4 and 5, a bank document showed on Monday.[Sukuk is the Arabic name for financial certificates, also referred to as 'sharia compliant' bonds…

Logistics News

BSG Acquires Maritime Software Company

BSG Acquires Maritime Software Company

US' MARAD Announces Grants to Boost Supply Chain Efficiency

US' MARAD Announces Grants to Boost Supply Chain Efficiency

PortLiner to Construct Electrolyte Bunkering Station in Hartelkanaal

PortLiner to Construct Electrolyte Bunkering Station in Hartelkanaal

Rotterdam and Singapore Ports Team Up to Slash Emissions

Rotterdam and Singapore Ports Team Up to Slash Emissions

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