As of 1 January 2020, shipowners and lessors may apply an exceptional tax depreciation when acquiring equipment using decarbonised energy for the main or auxiliary propulsion of a vessel.
The new unit “Grande Texas” was delivered on 26 January 2021 and is the sixth of seven car carriers ordered by Grimaldi Euromed from the Yangfan shipyard in Zhoushan, China.
The scrapping and recycling of vessels and the IMO 2020 Sulphur Cap are “Green Shipping” topics of utmost importance for the maritime industry. Our Maritime Breakfast on Green Shipping on 29 October will examine these important issues.
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.
