Five carriers raise huge sums in sustainability-linked credit facilities
Seaspan, Hafnia, Hapag-Lloyd, Euronav and Odfjell have all secured financing of approximately USD 1.5 billion that is linked to meeting climate targets. This opens up for more access to capital, but also comes with increased reputation risks, the head of investor relations at Odfjell tells ShippingWatch.
Since the turn of the year, five major carriers have secured sustainable financing of approximately USD 1.5 billion, according to an estimate produced by ShippingWatch.
On July 1, the use and transportation of heavy bunker oil by ships in the Arctic will be banned. A climate organization now accuses the ban of being full of loopholes.