ShippingWatch

Shipping lawyers expect more climate court battles after Shell ruling

The recent verdict against oil giant Shell will undoubtedly not be the last one of its kind. ESG and climate politics has become a dominant topic in corporate boardrooms, and the shipping industry could be next in line, says NGO. ShippingWatch has asked two lawyers about the possible legal impact of ESG in the shipping industry.

"They would be in breach of their loan agreements if there are ESG provisions in there," says Johannes Grove Nielsen, partner at Copenhagen-based law firm Bech-Bruun. | Photo: Bech-Bruun

The recent verdict against Shell is most likely only the first large ESG battle to take place in a courtroom. Shipping could be next, says NGO. ShippingWatch has asked two lawyers about how the increased focus on ESG could affect the shipping world legally.

Johannes Grove Nielsen, Partner at Copenhagen-based law firm Bech-Bruun, believes the implications of ESG could be manifold for the shipping companies that do not follow suit with ESG.

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