Large cranes arrive on board a transport ship at a global shipping port being constructed in Stanford-le-Hope near London March 1, 2013. Three of the five cranes on board the ship were destined for the new port and were the first to arrive there. The new port will be called DP World London Gateway. The cranes which were built in China and are 138 metres tall,spent two months at sea before arriving in Britain. REUTERS/Stefan Wermuth (BRITAIN – Tags: BUSINESS 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...
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...
