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

Puerto Rico Inks LNG Contract with New Fortress Energy

Puerto Rico Inks LNG Contract with New Fortress Energy

Panama Canal Unveils Decade Roadmap of Transformation

Panama Canal Unveils Decade Roadmap of Transformation

Nissen Kaiun Becomes Stakeholder in Econowind

Nissen Kaiun Becomes Stakeholder in Econowind

China's Hold on Global Ports focus of Trump Administration

China's Hold on Global Ports focus of Trump Administration

Subscribe for Maritime Logistics Professional E‑News

Sources say that Mercuria intends to remove large quantities of aluminum from LME storage.
Kuwait Petroleum Corp tries to revive a pipeline lease-leaseback agreement
Oil prices increase as the market considers Russia's supply risk and US rate decision