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Check our latest publication showcasing Business and Maritime research collaboration at its best! Green Financing for Shipping Industry: Results of a Marine Professionals’ Survey.
Check our latest publication showcasing Business and Maritime research collaboration at its best!
The global shipping industry is under pressure to become more sustainable, driven by regulations, renewable energy advancements, and customer demand. Traditional financing models have focused on securing loans, with little attention to environmental impact. However, there’s a growing opportunity to innovate through green financing, such as green bonds and sustainable loans, which support eco-friendly investments and retrofit financing for vessels to meet CO2 emission targets
In research supported by the University of Gibraltar, a study of shipping industry professionals led by University of Gibraltar academics Dr Edward Bace (School of Business) and Captain Sukhjit Singh (School of Maritime Science) shows a clear need for greater awareness of green financing options to bridge the sustainability gap. The shift towards sustainable financial instruments has tremendous potential to strengthen Environmental, Social, and Governance (ESG) efforts and help make the shipping industry greener.
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