Over ten thousand pieces of shark fins are dried on the rooftop of a factory building in Hong Kong January 2, 2013. Local sales of the luxurious gourmet food have fallen in recent years due to its controversial nature, but activists demand a total shark fin ban in the city, labelled by some as the shark fin capital of the world. The fins were shipped from an unknown location and unloaded at a nearby pier to be dried on the rooftop. REUTERS/Bobby Yip (CHINA – Tags: ANIMALS ENVIRONMENT BUSINESS SOCIETY TPX IMAGES OF THE DAY)
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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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