Italian shipbuilder Fincantieri and BNP Paribas Italy have finalized an agreement to turn the guarantee line for a maximum amount of €700 million (about $797M) granted by the bank into a sustainability-linked guarantee facility.
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Kitack Lim, Secretary-General at the International Maritime Organization (IM0), has stressed the importance of collaboration across various maritime sectors in order to achieve industry targets for reduced greenhouse gas (GHG) emissions.
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The Global Centre for Maritime Decarbonisation (GCMD) and the Global Maritime Forum have signed a partnership agreement to support and accelerate the transition of the global maritime industry to a low-carbon future.
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Canada’s industry-led transformative cluster Ocean Supercluster has announced its largest project to date, the $65 million Clean Ocean Advanced Biofuels Project.
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Singapore-based shipping company Eastern Pacific Shipping (EPS) has invested in nine more startups in an effort to encourage change in the maritime industry by using a green and technology-driven approach.
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