DekaBank, the securities services provider of the German Savings Banks Finance Group (Sparkassen-Finanzgruppe), has become the latest financial institution to join the Poseidon Principles framework…
https://www.offshore-energy.biz/germanys-dekabank-joins-poseidon-principles/
The UK’s insurance company Navium Marine and its US-based counterpart AXA XL have joined the Poseidon Principles for Marine Insurance as the eighth and ninth signatories, allowing the principles to…
Italian insurance broker and shipping agency Cambiaso Risso has joined the Poseidon Principles for Marine Insurance, the global framework for responsible marine insurance, as an affiliate…
Fidelis Insurance, a Bermuda-based provider of specialty insurance and reinsurance products, is the latest company to join the new framework for responsible marine insurance. The post Fidelis joins…
https://www.offshore-energy.biz/fidelis-joins-poseidon-principles-for-marine-insurance/
d’Amico International Shipping (DIS), a marine transportation company, has signed a contract for its first sustainability-linked loan as part of the refinancing of all debt maturing in 2022. The…
https://www.offshore-energy.biz/damico-inks-firts-sustainability-linked-loan/
Poseidon Principles Signatories have demonstrated progress in climate alignment of ship finance portfolios as 11 out of 23 are aligned with the International Maritime Organization’s (IMO) decarbonisation target, while in 2020, only 20% of reporting Signatories were aligned.
The Poseidon Principles are the world’s first sector-specific and self-governing climate alignment agreement amongst financial institutions, establishing a common framework to quantitatively assess and disclose whether...
https://container-news.com/almost-half-of-ship-finance-portfolios-aligned-with-imos-climate-targets/
11 out of 23 ship finance portfolios are aligned with the International Maritime Organization’s (IMO) decarbonization target. In 2020, only 20% of reporting signatories were aligned with this goal,…
Hong Kong-based containership owner and operator Seaspan Corporation, part of Atlas Corp., has completed an export credit agency- (ECA) backed $838 million financing. The post Seaspan closes $838M…
https://www.offshore-energy.biz/seaspan-closes-838m-financing-for-8-new-containerships/
LONDON, Dec 15 (Reuters) – Leading companies in the marine insurance industry have joined an initiative linking their underwriting activities with the cutting of carbon emissions from global shipping as pressure builds…
https://gcaptain.com/marine-insurers-adopt-poseidon-principles-to-help-decarbonize-global-shipping/
Six of the world’s leading marine insurers have launched an initiative to provide transparency on carbon emissions and support the shipping industry’s green transition. The post Marine insurers…
https://www.offshore-energy.biz/marine-insurers-agree-framework-to-support-green-shipping/