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Infospectrum launches ESG Desk, publishes whitepaper on key ESG developments

Whether viewed as regulatory compulsion, stakeholder activism or corporate mission, ESG compliance is the new frontier of the maritime and commodities sectors, it says.

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Shipping industry credit reporting and risk management consultancy Infospectrum in late August released a blog entry entitled “The New ESG Paradigm” which highlights the launch of its ESG Desk and the availability of its first whitepaper:

As part of its integrated approach to risk assessment, Infospectrum has long recognised the potential impact that corporate strategies eschewing ESG compliance can have on operational, financial or reputational parameters. 

However, today, maritime and commodities businesses worldwide are facing the added challenge of not only reviewing how to incorporate rapidly-evolving ESG regulations and norms into business processes and strategies, but also to execute these cost-effectively under tight time frames.

A report published by Bloomberg Intelligence (23 February 2021, see Figure 1 below) estimates that global ESG assets are expected to exceed USD 53 trillion by 2025, representing more than a third of the USD 140.5 trillion in projected total assets under management at that time, and a marked increase on the USD 22.8 trillion at the end of 2016. 

We attribute this growth to a combination of trends – from investor expectations for potentially outsized ESG-compliant returns (although academic evidence for this remains inconclusive), to the need to cater to a growing class of ethical/impact investors on the one hand, while meeting the funding requirement for corporate ESG compliance strategies on the other. 

For instance, research by PWC¹ suggests various sources as having estimated an investment requirement of circa USD 1 trillion alone to bring the shipping sector into compliance with the IMO’s 2050 strategy to bring emission levels down by 50% on a 2008 emission baseline. 

This includes transition financing for research and development, testing of new technologies, modification of existing vessels, design and construction of newbuildings, and development of land infrastructure that will support the onboard/offshore efforts. 

While estimates of the amount of investment needed to be channelled into the maritime and commodities sectors vary significantly, it is certain that incorporating ESG standards will not only require significant financial capital but also bring major strategic and operational changes.

Figure 1: ESG Global Projected Assets Under Management by Country

ESG

Source: Bloomberg Intelligence

Whatever the motivation, and notwithstanding the occasional political rollbacks or pockets of public resistance, there is little doubt that markets are transitioning to a more ESG-compliant equilibrium. Yet, it is important to acknowledge that this is indeed a transition period wherein good intentions and policies may exceed what is achievable given the technological developments and operational practicalities required for the safe adoption of market-funded cost-effective environmental solutions. 

Furthermore, although progress is being made, the conceptual evolution for a reasonably high level of globally acceptable, regularly monitored and strictly enforceable social and governance standards is still some time away, not least due to regional variations in cultural differences.

Infospectrum’s rating methodology is designed to incorporate an assessment of a subject company’s track record in principled and sustainable stakeholder engagement, while also accounting for the impact of changing corporate strategies and regulations upon various factors (not least sector landscapes, operational exposures, expenditure and investments, competitive positioning, and financial performance), adhering throughout to a holistic approach to risk appraisal. 

Accordingly, Infospectrum’s counterparty reports will, where relevant and ascertainable, outline the presence of a subject’s ESG strategies, in particular highlighting meaningful and innovative approaches. 

In addition, to create awareness of the opportunities and challenges, concepts and trends, and accepted best practices in this rapidly evolving landscape, we have launched Infospectrum’s ESG Desk which will publish insights and whitepapers on key developments in the ESG sphere. 

The objective is to give practical and actionable insights using our expertise and stakeholder engagement, with the firm expectation that ESG compliance will continue to gather momentum in delivering a viable and effective global standard.

Pre-register, by clicking below, to be the first to receive the initial paper, Emissions Reduction and Mitigation in Shipping:

ESG1

Photo credit and source: Infospectrum
Published: 16 September, 2021

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Incident

MPA: 25 crew rescued after abandoning “MSC HERMES III” east of Vietnam

MRCC Singapore coordinated the rescue after receiving a distress alert at about 8.45am as the vessel was within Singapore’s Maritime Search and Rescue Region.

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The Maritime and Port Authority of Singapore (MPA) on Tuesday (22 September) said all 25 crew members from the Liberia-registered container vessel MSC HERMES III were rescued on 22 September 2026. 

The Maritime Rescue Coordination Centre (MRCC) Singapore coordinated the rescue after receiving a distress alert at about 8.45am (Singapore Time). 

“The vessel was within Singapore’s Maritime Search and Rescue Region (MSRR), about 300km east of Vietnam,” MPA said in a statement. 

MRCC Singapore immediately issued a broadcast requesting vessels in the vicinity to render assistance. Three vessels responded, and MSC RUBY recovered all 25 crew members after they had abandoned MSC HERMES III in a lifeboat. 

“All 25 crew members are safe, with no injuries reported,” MPA said. 

“MRCC Singapore is coordinating with the Vietnamese MRCC on arrangements for the rescued crew members to return safely to shore.”

 

Photo credit: Manifold Times
Published: 23 September, 2026

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Alternative Fuels

GCMD, Equinor to combine expertise on alternative bunker fuels, decarbonisation solutions

Equinor brings extensive experience to partnership as a vessel charterer and marine fuel supplier, including chartering dual-fuel LNG and methanol tankers, testing biofuels and supplying methanol.

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GCMD, Equinor to combine expertise on alternative bunker fuels, decarbonisation solutions

The Global Centre for Maritime Decarbonisation (GCMD) and Equinor on Tuesday (22 September) announced a five-year Impact partnership.

The partnership brings together GCMD’s capabilities in conducting real-world maritime pilots with Equinor’s experience as a charterer, energy provider and developer of low-carbon solutions.

Together, the organisations will leverage their complementary expertise to help address technical and operational gaps in scaling alternative marine fuels and supporting the development and uptake of other maritime decarbonisation solutions.

GCMD’s work on alternative fuels, including biofuels, ammonia and methanol, focuses on two critical aspects of deployment: operational safety and robust monitoring, reporting and verification (MRV). Its pilots and studies are generating operational data to support safe bunkering and handling of these fuels. 

At the same time, its assurance work seeks to strengthen confidence in quantity, quality and GHG emissions abatement.

“Equinor brings extensive experience as a vessel charterer and marine fuel supplier. This includes chartering dual-fuel LNG, LPG and methanol tankers, testing and using biofuels and supplying methanol to the maritime sector,” GCMD said.

Equinor is also piloting the use and supply of ammonia as a marine fuel, contributing to the development of associated safety, regulatory and bunkering arrangements.

Combining these perspectives can help address practical barriers to alternative fuels deployment while strengthening assurance across emerging marine fuel value chains.

Beyond alternative fuels, GCMD is working to accelerate the adoption of solutions that can reduce emissions from the existing fleet, including energy efficiency technologies (EETs) and onboard carbon capture and storage (OCCS).

GCMD’s work on EETs includes quantifying real-world fuel savings from technologies such as wind-assisted propulsion systems and developing financing mechanisms to scale their adoption. In OCCS, Project CAPTURED demonstrated an end-to-end value chain for onboard captured and liquefied CO₂, generating evidence that contributed to the recognition of captured CO2 under the EU ETS and in-principle support at the IMO for recognising carbon mineralisation as permanent storage.

Equinor brings decades of experience in offshore CO₂ storage, including its role in the development and operation of Northern Lights, the world’s first cross-border CO2 transport and storage facility, where liquefied CO₂ is transported by ship to an onshore receiving terminal before it is sent by pipeline for permanent geological storage beneath the North Sea.

Through the partnership, GCMD and Equinor will explore opportunities to combine their respective capabilities and experience to support the deployment and scaling of maritime decarbonisation solutions.

 

Photo credit: Global Centre for Maritime Decarbonisation
Published: 23 September, 2026

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Decarbonisation

Wah Kwong NatPower, AREL partner on maritime electrification in Hong Kong

Collaboration will examine opportunities to deploy shore power facilities, vessel charging infrastructure and battery energy storage solutions, alongside the development of electric vessels.

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Wah Kwong NatPower, AREL partner on maritime electrification in Hong Kong

Wah Kwong NatPower (WK NatPower) on Tuesday (22 September) said it has signed a Memorandum of Understanding (MoU) with Aberdeen Restaurant Enterprises Limited (AREL) to explore the electrification of piers, vessels and supporting energy infrastructure in the Aberdeen area of Hong Kong.

Against the backdrop of the HKSAR Government’s latest policy direction to advance green shipping, smart port development and shore power infrastructure, WK NatPower and AREL will explore the development of an integrated marine electrification ecosystem in the Aberdeen and Shum Wan areas. 

The collaboration will examine opportunities to deploy shore power facilities, vessel charging infrastructure and battery energy storage solutions, alongside the development of electric vessels for future transport and tourism services.

The initiative supports Hong Kong to become a leading hub for sustainable maritime innovation while contributing to the revitalisation of one of the city’s most iconic waterfront communities. As an initial phase of the collaboration, the two parties will explore the opportunity for the construction of a series of electric vessels and transport vessels. 

The initiative will also examine the potential deployment of the ApliAber® electric vessel fleet as a new benchmark for sustainable waterfront mobility and hospitality experiences in Hong Kong.

Vincent Ni, General Manager of WK NatPower, said: “This MoU marks an important step in supporting Hong Kong’s marine energy transition. Aberdeen has long been an iconic part of Hong Kong’s maritime heritage, and we are delighted to explore opportunities to develop integrated shore power and vessel electrification solutions that can support a cleaner and more sustainable future for the harbour.”

Wong Tai Yu, Director of AREL, said: “Through this collaboration, we look forward to exploring practical ways to introduce cleaner energy, electric vessels and sustainable waterfront experiences, while supporting the revitalization of Jumbo Kingdom® for future generations.”

 

Photo credit: Wah Kwong NatPower
Published: 23 September, 2026

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