marine link image

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

IMO Facilitation Committee Approves Digitalization Strategy

IMO Facilitation Committee Approves Digitalization Strategy

Windward: Strait of Hormuz Throughput is Increasing

Windward: Strait of Hormuz Throughput is Increasing

DFDS Adds Third Vessel to Rosslare–Dunkirk Route

DFDS Adds Third Vessel to Rosslare–Dunkirk Route

Sarens Helps Atlantic Canada Bulk Terminal Undergo Adaptation as Hub for Offshore Wind

Sarens Helps Atlantic Canada Bulk Terminal Undergo Adaptation as Hub for Offshore Wind

Subscribe for Maritime Logistics Professional E‑News

TSX gains on mining, energy and energy as Middle East conflict intensifies
War Risks Insurers Win Appeal on UK Ruling on Jets Lost in Russia
Air Canada CEO Michael Rousseau retires after French Flub