greenhouse gas emissions

Marine Environment, Marine Technology 19-Aug-2020

LNG as Marine Fuel: ABS Issues Guidance

The adoption of the ‘Initial International Maritime Organization (IMO) Strategy on Reduction of Greenhouse Gas (GHG) Emissions from Ships’ by IMO Resolution MEPC.304(72) in April 2018 demonstrates IMO’s commitment to support the Paris Agreement. The IMO strategy includes initial targets to reduce as compared to 2008 levels the average CO2 emissions per ‘transport work’ by at least 40% by 2030,…

Marine Transportation, Maritime Law, Maritime Safety 6-May-2020

The Poseidon Principles

The Poseidon Principles establish a framework for assessing and disclosing the climate alignment of ship finance portfolios. They set a benchmark for what it means to be a responsible bank in the maritime sector and provide actionable guidance on how to achieve this. The Poseidon Principles are consistent with the policies and ambitions of the International Maritime Organization (IMO), including…