Michael Parker was full of optimism when he, in January 2020, said that Chinese lenders were likely to soon join the Poseidon Principles.
Ten months on, however, Parker, who is head of shipping and logistics at Citi Bank and a key initiator of the Poseidon Principles, must acknowledge that not a single Chinese bank has joined the green set of regulations for shipping banks so far.
Get full access for you and your coworkers.Start a free company trial today
Already a member? Log in.