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DNV holds Shipping Finance seminar for ship financiers, banks and financial institutions in Singapore

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Experts held fruitful dialogue on technology development within alternative bunker fuels, amongst others; MPA shared latest maritime decarbonisation plans underway in Singapore.
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Classification society DNV on Tuesday (22 August) said it held a Shipping Finance seminar in Singapore recently to give a timely update on the IMO’s MEPC80 strategy relevant for ship financiers, including banks and other financial institutions.

DNV said green financing has emerged as a key driver for sustainable growth in maritime. 

“For financial institutions, comprehending shipping regulations is not just important; it is essential,” it said in a social media post. 

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“Our experts held a fruitful dialogue on technology development within alternative fuels, abatement technologies, and the implications for asset owners. The Maritime and Port Authority of Singapore (MPA) also provided an update on the latest regulatory developments and maritime decarbonisation plans underway in Singapore to achieve net zero by 2050.”

DNV added such industry engagements enable financial institutions to assess the environmental impact of their investments, aligning portfolios with global sustainability goals, and reaffirms DNV’s commitment to safeguard oceans and planet. 

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Photo credit: DNV
Published: 23 August, 2023