ShippingWatch

DNB warns shipping companies: You could become entirely irrelevant to investors

If the shipping companies want to remain relevant to investors and banks, the sector needs to start delivering results in terms of environmental and climate efforts soon, says shipping bank DNB in an interview with ShippingWatch.

Photo: Arkivfoto/Colourbox

NEW YORK

Unless the shipping sector soon gets organized and acts on the climate challenges, the sector could risk that neither investors nor banks will be willing to provide capital to the shipping companies, says Christos Tsakonas, global head of shipping at DNB, one of the world's largest shipping banks.

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