On April 11, 2025, the Marine Environment Protection Committee (“MEPC”) of the International Maritime Organization (“IMO”) announced the approval of a long-awaited framework to reduce greenhouse gas (“GHG”) emissions from the...more
During its 83rd session from April 7 to 11, 2025, the International Maritime Organisation's (IMO) Marine Environment Protection Committee (MEPC) approved, among other things, new fuel standards for ships and the first...more
The Poseidon Principles Association, a group of major marine shipping banks, released its first Annual Disclosure Report in December 2020. This report discloses the "climate alignment score" of fifteen banks' ship finance...more