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
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
Hauke Rittscher, Ehlermann Rindfleisch Gadow, Partner
If you would like to participate, please write to email@example.com.
Participation is free of charge.