Addition of German export credit giant KfW IPEX brings Poseidon Principles to 30 financiers
Nearly two-thirds of global shipping finance is now signed up for framework to bring decarbonisation into lending
Finance
‘The urgency is clear’: Poseidon Principles ups carbon-cutting ambition for ship finance and insurance
Initiatives involving 30 shipping banks and 17 insurance providers say they will track clients’ trajectory to contribute to keeping global warming below 1.5C
Adnoc ‘in talks’ to create shipping and chartering giant with Gunvor deal
Trading sources report discussions over a full or partial acquisition of Torbjorn Tornqvist’s $4bn trading group
Adnoc ‘in talks’ to create shipping and chartering giant with Gunvor deal Read More »
Debt cut: Scorpio Tankers continues purchase spree with LR2 deal
US-listed owner also reveals share buyback in strong product tanker markets
Debt cut: Scorpio Tankers continues purchase spree with LR2 deal Read More »
Insiders snapped up MPCC stock as price dipped towards year low
Major backer MPC Group and its executives add to their holdings in Oslo-listed tonnage provider as rates plunge
Insiders snapped up MPCC stock as price dipped towards year low Read More »