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Green Ship Finance – prepare to progress

By 22. April 2021No Comments

Green Ship Finance – prepare to progress

22 April 2021

These days the topic of green and sustainable ship finance is omnipresent. Much is still up in the air, but the first effects can already be seen. According to many stake­holders, there will be great changes in the approach to ship finance and, possibly, great oppor­tu­nities. If they have not started yet, it is high time for banks and ship owners to prepare for these changes.

Only recently, Hapag-Lloyd AG took a pioneering role and announced the financing of six newbuil­dings in accordance with the Green Loan Principles issued by the Loan Market Association (LMA) as well as the placement of a Sustaina­bility-Linked Bond on terms in accordance with the Sustaina­bility-Linked Bond Principles adminis­tered by the Inter­na­tional Capital Market Association (ICMA). In addition, classi­fi­cation society and assurance provider DNV has accom­panied these transac­tions with Second Party Opinions on their alignment with the Green Loan Principles and the Sustaina­bility-Linked Bond Principles.

But how will this tilt towards sustaina­bility and green finance affect other shipping companies and market parti­ci­pants? What impact and oppor­tu­nities can arise for smaller shipping companies?
What challenges and oppor­tu­nities arise from the current legal landscape and what can we expect to come?
How can the course be set for the future and how should strategic corporate planning and reporting adapt to the new developments?
What is driving the move of Hapag-Lloyd and what were the key lessons? Please join us for a webinar to take a closer look at this.

Date: 29 April 2021
Time: 9.15 to 10.15 am CEST

Speakers:

Carolin Schmeding, Ehlermann Rindfleisch Gadow, Partner

Jan-Henrik Hübner, DNV Maritime, Global Head of Shipping Advisory

Thomas Henrichs, Hapag-Lloyd AG, Senior Director Asset & Corporate Finance

Moderator:

Hauke Rittscher, Ehlermann Rindfleisch Gadow, Partner

If you would like to parti­cipate, please write to webinar@​erg-​legal.​com.
Parti­ci­pation is free of charge.

Your contact persons:

Dr. Carolin Schmeding
Dr. Carolin Schmeding
schmeding@​erg-​legal.​com