While corporate lenders, shippers, and charterers are moving towards more eco-friendly operations, problems with green financing are growing. Stricter lending requirements are going into effect faster than owners can produce their long-term compliance plans. Banks do not want to end up with loans on stranded assets that can no longer earn money to pay their debt. A vessel with a low level of compliance becomes essentially unemployable.
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I have written several blogs on the hottest subject in the green battle: the fuels of the future and how they are being received by ship owners and operators. LNG is still a shaky option because of its current high cost and nowhere near zero-emissions
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This 2-part blog looks at various ways to potentially reach mandated GHG emission levels aside from new construction, and what this new technology means to marine surveyors, appraisers, and lenders.
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