The chemical tanker Carla Maersk sits at anchor off Morgans Point, Texas, after being involved in a collision with the bulk carrier Conti Peridot March 9, 2015. The Maersk was carrying about 216,000 barrels of Methyl Tertiary Butyl Ether and an unknown quantity of the product was spilled. (U.S. Coast Guard photo by Petty Officer 3rd Class Dustin R. Williams)
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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...
By Kari Lindberg (Bloomberg) — Hong Kong’s famed Jumbo Floating Restaurant may still be afloat after all. The imperial palace-shaped vessel capsized but didn’t sink, a representative for the vessel’s owner,...
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...
