Overview
We will be collecting all transaction data that has a green financing element to it, as well as elaborating on new green financing techniques and strategies we are seeing come to market. To ensure that we have the most up-to-date information, we will be hosting green financing experts who are involved in these transactions to shed further light on this important topic.
Current focus will be on:
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Sustainability-linked loans
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Green bonds
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ESG Metric Reporting
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Carbon Credit Markets
Featured Content
Green Financing Report
Marine Money brings you Green & Sustainability-linked Financing for Shipping: Understanding the Requirements, Benefits and Costs of Responsible Finance. From second party opinions to Key Performance Indicators, this report helps borrowers understand the key considerations of this fast-growing market for capital.
Event Videos
Green Financing Articles
e1 Marine & the $40 million win, Win, WIN!: The Preferred Equity Deal of the Year
Mar 1, 2022
Shipping companies generally issue preferred shares for three basic reasons: (1) they need the cash; (2) their balance sheet can’t support more cheap debt; and (3) their share price is so low that issuing common equity would be unduly dilutive to shareholders.
Höegh Autoliners Equity Private Placement to Fuel Green Transition of Fleet: Equity Private Placement Deal of the Year
Mar 1, 2022
On November 24th, 2021, Höegh Autoliners, one of the leading global operators in the car carrier shipping segment, completed a landmark private placement of NOK 1,365m (USD 135m).
Green Financing Deals
Headline
Eastern Pacific Shipping Secures Lease Financing for Two Newbuild LNG Fueled Containerships
Company
Eastern Pacific Shipping Pte Ltd
Type
Lease
Sector
Container
Amount (mUSD)
Transaction Date
2/28/25
Comments
Idan Ofer's Eastern Pacific Shipping received lease financing from SPDB Financial Leasing for two ultra-large containerships capable of running on LNG.
Headline
Part 2: Hapag-Lloyd $4 Billion Financing
Company
Hapag-Lloyd AG
Type
Loan
Sector
Container
Amount (mUSD)
201
Transaction Date
2/4/25
Comments
Part of Hapag-Lloyd's $4 billion financing for 24 container ships, consisting of two bilaterial green term loans from KfW-Ipex and an unnamed bank, a syndicated credit facility, and leasing structure.
Headline
MPC Container Ships ASA inks sustainability linked loan
Company
MPC Container Ships ASA
Type
Bond
Sector
Container
Amount (mUSD)
125
Transaction Date
9/25/24
Comments
Following a successful two-day roadshow, the bond issue attracted strong demand from a broad range of high-quality institutional investors globally. The book was significantly oversubscribed, enabling the deal to be upsized from USD 100 million to USD 125 million. Net proceeds from the bond issue will be applied towards general corporate purposes, including refinancing of existing financial indebtedness and acquisition of maritime assets. An application will be made for the bonds to be listed on the Oslo Stock Exchange.
Headline
TECO 2030 completes second tranche of a private placement with a green infrastructure investor
Company
TECO 2030
Type
Equity
Sector
Infrastructure
Amount (mUSD)
1
Transaction Date
8/30/24
Comments
Second tranche of the Advait Infratech Limited investment totaled NOK 10.5 million in TECO 2030 to support development of maritime hydrogen fuel cells.
Headline
IWS Fleet secures upsized green senior secured loan facility
Company
Integrated Wind Solutions ASA
Type
Loan
Sector
Offshore Wind
Amount (mUSD)
208.1
Transaction Date
8/29/24
Comments
The proceeds from the upscaled facility will be used for long-term post-delivery financing of the Commissioning Service Operation Vessel (“CSOV”) newbuildings, three of which are still under construction with delivery in Q4 2024 and H1 2025.
Headline
Eidesvik Offshore ASA receives grant to fund conversion of the Viking Energy to dual fuel operation.
Company
Eidesvik Offshore ASA
Type
Equity
Sector
Offshore
Amount (mUSD)
6
Transaction Date
8/26/24
Comments
Eidesvik announces that their vessel Viking Energy is part of the European innovation project ‘Apollo’ where the partners will retrofit the vessel with a dual fuel engine able to operate on ammonia. The project has been granted EUR 5 million in funding from the European Union’s Horizon Europe program. Additional details were not disclosed.