Maersk launches green bond to fund methanol-fuelled vessels

Capt. John

Denmark’s AP Moller-Maersk (Maersk) has issued its first $564.42m (€500m) green bond to finance the construction of methanol-powered vessels.

These include a feeder vessel as well as a series of eight large ocean-going containerships.

The ten-year green bond has been launched under the firm’s Green Finance Framework and reached a final orderbook of $4.18bn (€3.7bn).

Maersk placed the bonds with a coupon of 0.75%, which is said to be the shipping firm’s lowest annual interest to date.

The new Green...

https://www.ship-technology.com/news/maersk-launches-green-bond/

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