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…
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…
