ShippingWatch

Maersk's new credit facility is linked to CO2 targets

Maersk has secured a new credit facility worth 5 billion dollars. The new arrangement is linked to whether Maersk realizes its emission reduction targets.

Photo: JASON REDMOND/REUTERS / X02204

Maersk's greenhouse gas emissions play a crucial role in a new credit facility worth 5 billion dollars, which the shipping line has settled with 26 banks.

The credit facility is the first one signed by Maersk after it has spun off its oil activities.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Maersk rejects shippers' complaint in USD 180m dispute

U Shippers has no case in a contractual dispute reported to the US Federal Maritime Commission, Maersk writes in a response to the FMC. Moreover, the case should not even be a matter for the commission, the company says.

Further reading

Related articles

Latest news

See all jobs