Our Partner Toby Royal was recently interviewed in an article by Seatrade on the topic of the Poseidon Principles. Toby was a member of the team which provided legal oversight and drafting input for the Principles.
How can we ensure the future success of both the maritime industry and the environment? We will be exploring this question at London International Shipping Week, the UK’s leading annual industry gathering.
Our breakfast briefing will explore the key issues stakeholders need to be aware of when navigating the law and evolving practice relating to environmental compliance.
They establish a framework for assessing whether ship finance portfolios align with the IMO’s goal of reducing shipping’s total annual greenhouse gas emissions by at least 50% by 2050.
We helped to develop the Poseidon Principles, supporting the IMO’s goal to reduce shipping’s total annual greenhouse gas emissions by at least 50% by 2050.
We’re delighted that the ground-breaking Vessel Technology Assessment System Project, of which we are proud to be an advisor, has finished its development stage and is set to go live as an independent advisory service and new venture backed by its joint founders BMT and Black & Veatch as of 19 May 2019.
Read to find out about the potential challenges in relation to the financing of retrofitted scrubbers on an asset finance basis.