The cruise liner Costa Concordia is seen at Giglio harbour at Giglio Island July 13, 2014. Italian authorities gave the green light to refloating the wrecked Costa Concordia cruise ship on Saturday, setting the stage for the next step in the largest maritime salvage in history to begin on Monday morning. The defunct luxury liner is due to depart Giglio on July 21, two and a half years after it struck a reef while performing a display manoeuvre to move close to shore and “salute” the port. REUTERS/Alessandro Bianchi (ITALY – Tags: DISASTER TRANSPORT MARITIME)
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ESG (Environment-Social-Governance) considerations are tied integrally into shipping finance. For example, the costs of vessel loans (and soon, maritime hull insurance) are linked explicitly to achievement of specific objectives for...
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Nearly 100 representatives from across the maritime industry met in Copenhagen this week to formulate an action plan for decarbonizing the shipping sector. The meeting was organized by the The...
