Signatories to the Poseidon Principles make changes to align with new IMO targets

The 30 banking signatories to the Poseidon Principles, a global green ship finance framework, have made the decision to align their reporting with the new climate goals agreed at the Marine Environment Protection Committee (MEPC) gathering held this July at the headquarters of the International...

UNCTAD: Shipping decarbonization can’t wait

Not that you’d know it from any excitement in the streets, but today, September 28, is World Maritime Day and, ahead of it, UNCTAD, the UN Conference on Trade and Development, yesterday released its Review of Maritime Transport 2023.

As ever, it is a mine of statistical information, and some of the take-aways from those stats underscore the need for shipping to accelerate its decarbonization efforts.

“Maritime transport needs to decarbonize as soon as possible, while ensuring economic growth,”...

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