Norwegian RoRo shipping company Wallenius Wilhelmsen has rendered its debt green in the second quarter.
More specifically, the company has secured green financing for around USD 944m during the period, the carrier informs in its second-quarter financial report. This financing consists of green bonds issued in April for a total of NOK 1.2bn (USD 144m), followed by so-called green loans for a total of USD 800, signed in late June.
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In the drama surrounding the merger between tanker majors Euronav and Frontline, one of the arguments from Euronav’s biggest shareholder, the Saverys family, is that the merger will pull Euronav in the wrong direction on the green agenda. Euronav tells ShippingWatch that the company rejects this criticism.