Shipping companies are facing significant financial exposure from introduction of the EU Emissions Trading System (EU ETS) next year that will increase balance sheet risk, further fuelled by carbon price volatility and the threat of fines for non-compl…
Shipping companies must prepare for stricter EU regulations as the European Union tightens emissions rules for the maritime sector. New regulations and customer demands will drive the need for low-emission maritime fuels like renewable biogas and synth…
Shipping companies must be prepared for the tightening EU regulations Read More »
Reliance on bills of lading in trade finance is often pivotal, but just how good security are bills of lading and in what circumstances will a bank’s ability to exercise its security rights be compromised or even lost? A bank will most commonly find it…
Pitfalls in Relying on Bills of Lading Read More »
Capital Product Partners L.P. announced that it has entered into an umbrella agreement (the “Umbrella Agreement”) with Capital Maritime & Trading Corp. (“Capital Maritime”) and Capital GP L.L.C. (the “General Partner”) providing for the acquisition…
The inclusion of shipping in the European Union Emissions Trading System (EU ETS) is a significant step towards reducing global greenhouse gas emissions. However, it comes with myriad of challenges, from administrative complexities to financial exposur…
Shipping’s exposure to EU emissions scheme Read More »