Maritime data analytics specialist METIS Cyberspace Technology has opened a fully owned subsidiary in Singapore to enhance service capabilities for shipping companies based in Southeast Asia using its solutions. Continuing its global growth strategy, the Singapore operation provides a focus for regional shipowners set on the path of digital transformation. The new subsidiary is led...
METIS Cyberspace Technology has refined its cloud-based data acquisition and ship performance reporting solution to offer shipping’s first tool to predict the trade-off between emissions reduction and debt servicing for ships financed under the Poseidon Principles. Designed to incentivise maritime decarbonisation, the Poseidon Principles offer a framework for financial institutions to lend in line with...
Major lender to international shipping and one of Japan’s largest asset managers, Sumitomo Mitsui Trust Bank (SMTB), has become the latest financial institution to join the Poseidon Principles. The Principles have been developed by international shipping banks, in collaboration with maritime industry players, to promote greener global shipping. They establish a common, global baseline to...
Bpifrance, through its subsidiary Bpifrance Assurance Export, the French export credit agency, has become the first credit insurer to sign the poseidon principles. The Poseidon Principles is an initiative launched by international banks active in the shipping finance industry, which aim at measuring and publishing, according to a common methodology, the carbon impact of their...