ClassNK Supports Ship Finance for Decarbonization with CO2 Emissions Calculations

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.

Logistics News

First LNG Carrier Arrives at New German Mukran Terminal

First LNG Carrier Arrives at New German Mukran Terminal

Brazil's Paranagua Port Resumes Operations After Fire

Brazil's Paranagua Port Resumes Operations After Fire

EU Clears CMA CGM's Acquisition of Bollore Logistics, Subject to Conditions

EU Clears CMA CGM's Acquisition of Bollore Logistics, Subject to Conditions

ZIM Names Trio of LNG Containerships

ZIM Names Trio of LNG Containerships

Subscribe for Maritime Logistics Professional E‑News