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Finance: Banking

Bringing you news and updates covering banking and ship finance in the maritime industry.

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Banks to adapt to new funding framework as carbon rules bite
Nov 03, 2022
Many progressive shipowners and their Poseidon Principles financiers have set decarbonisation targets that are substantially more ambitious than those of the IMO. Long-established funding principles will change as the carbon reduction quest...
Michael Parker from Citi and Jeremy Nixon from ONE at GMF in New York
Decarbonisation – ‘Nobody can do it alone’
Oct 04, 2022
Collaboration has become the watchword when it comes to decarbonisation of shipping and as Michael Parker, Citibank’s Global Head of Shipping, Logistics and Offshore, put it at the recent Global Maritime Forum (GMF) Summit in New York, “Nobody can...
Michael Parker from Citi
Poseidon Principles – aligning with a new trajectories
Sep 26, 2022
A special briefing on the Poseidon Principles, separate from the Global Maritime Forum’s Plenary Session, held on Day 1 of the just completed meetings in New York, delved into the process of aligning emission reductions pathways with new...
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