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GREEN INVESTMENTS

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Overview

In the green investments program of Marine Money Green we will be investigating the different technologies, procedures and hardware that can be used to reduce carbon emissions and return a positive investment to shareholders. The focus will be on the business case of these new carbon reduction capabilities and how the financial case can be made for them for owners and managers.

Current investment focus will be on:

Retrofits
Alternative Fuels
New build designs
Digital tools for vessel optimization

Vessel Retrofits.jpeg

Marsoft GreenScreen™ – Access to Carbon Credits to Support Emissions Reduction Now

10:05

Marsoft GreenScreen™ – Access to Carbon Credits to Support Emissions Reduction Now

22nd Annual Ship Finance Forum NYC Marsoft’s GreenScreen™ offers fast and low-cost access to the carbon credits market for retrofits – delivering robust financial returns and verification of an owner’s strategic commitment to reduced CO2 emissions. John Moulopoulos, Senior Financial Analyst, Marsoft Inc.

U.S. Offshore Wind - Investing in Vessels and Infrastructure for Renewable Energy

34:30

U.S. Offshore Wind - Investing in Vessels and Infrastructure for Renewable Energy

22nd Annual Ship Finance Forum NYC • Enormous opportunity – but for whom? • Where does the Jones Act Start, and the International Market end? • Meeting the Vessel Demand to Achieve 30 GW by 2030 • Feeder Vessel Model Versus Jones Act WTIV Model • Capital Sources for Newbuild Vessels in US Offshore Wind Moderator William Baldwin, Partner, Jones Walker LLP Panel Eric Evans, Vice President, Strategy, Crowley Shipping David Morant, Managing Director, Eneti, Inc. Andreas Østern, Head of Energy Transition Solutions, DNB Bank ASA

Maritime Decarbonisation – What else besides alternative fuels?

30:53

Maritime Decarbonisation – What else besides alternative fuels?

20th Anniversary Marine Money Week Asia – Day 1 Maritime Decarbonisation ¬– What else besides alternative fuels? The discussion has been all about alternative fuels – will there be a single solution? How can emerging technologies drive the decarbonisation agenda?. Are owners investing in R&D and is being a first mover an advantage? Introduction and Moderator : Mr. David Barrow, Vice President, Marine & Offshore, Bureau Veritas Panel Mr. Joshua Politis, Deputy Managing Partner, Transport Capital Mr. Chris Chatterton, Chief Operating Officer, Methanol Institute Mr. Sim Keat Lim, Managing Director, G2 Ocean Mr. Jack Jones, Deputy General Manager, NYK Bulkship (Asia)

Carbon Trading

38:08

Carbon Trading

20th Anniversary Marine Money Week Asia – Day 1 Carbon Trading Is carbon trading the right incentive to reduce carbon emissions and are the Asian markets ready to take a leading role? A discussion on the merits and shortcomings of carbon credits. Introduction and Moderator : Mr. John Chen, Head of Commodity Sales, ASEAN, Standard Chartered Panel Prof. Lynn Loo, CEO, Global Centre for Maritime Decarbonisation Mr. Christopher Cheng, Managing Director, LD Bulk Mr. Tom Enger, Head of Product, Climate Impact X Mr. James Larmouth, Head of Carbon Trading, Vitol

Software as Strategy How the Evolving Tech Ecosystem Drives Value in Maritime

24:01

Software as Strategy How the Evolving Tech Ecosystem Drives Value in Maritime

Offshore Wind Marine Asset Finance & Investment Opportunities Virtual Forum

03:12:30

Offshore Wind Marine Asset Finance & Investment Opportunities Virtual Forum

Governments worldwide are expected to offer a record number of tenders for offshore wind sites and capacity this year, with more than 30 gigawatts (GW) on the block. That is almost as much as total existing global wind capacity of 35 GW, and the tenders are shaping up to be the most competitive ever. In the U.S., on March 29, the secretaries of interior, energy, and commerce announced a goal of installing 30 gigawatts of offshore wind capacity in U.S. waters by 2030. More than 40 GW of offshore wind capacity is expected to be installed off the U.S. East Coast by 2035 (some can see a potential pathway to 110 gigawatts by 2050) and the industry could invest $ 140 billion to establish and build out its supply chain, install equipment, and operate the wind farms. Compare this to today’s 42 megawatts (one one-thousandth of a gigawatt) and the enormous growth becomes apparent. In this half-day virtual conference, we will review the drivers of demand, assess the need for marine assets to meet these ambitious goals in both the global and U.S. markets, hear from those leading these crucial efforts and identify investment opportunities in the offshore wind - today’s fastest-growing source of energy and a critical component in the global energy transformation.

Case Study: Scope Group

15:59

Case Study: Scope Group

Marine Money Ship Finance & Decarbonization Virtual Forum – Session 3 Case Study: Scope Group Europe’s leading credit and ESG rating agency is now providing rankings on more than 70,000 ships – it’s an essential tool for charterers, financiers, port authorities and more. Ralf Garrn, Managing Director, Head of Investor Outreach, Scope Group

Carbon Credits – An Alternative Finance Tool

14:57

Carbon Credits – An Alternative Finance Tool

Marine Money London 2021 – Session 1 Carbon Credits – An Alternative Finance Tool to Fuel Energy Transition in the Shipping Industry Mr. Alexander Hochreutener, Partner, BRS Brokers

Event Videos

Green Investment Articles

It’s a digital jungle out there: shipowners face challenge of software selection in decarbonisation drive

Feb 24, 2022

Digitalisation has the potential to transform the efficiency of ship operations but is being held back by a lack of industry insight into software solutions.

Read Full Article Here

Green Investment Deals

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

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.

Headline

TECO 2030 completes first tranche of a private placement with a green infrastructure investor

Company

TECO 2030

Type

Equity

Sector

Infrastructure

Amount (mUSD)

1

Transaction Date

7/26/24

Comments

Advait Infratech has agreed to invest NOK 11 million in TECO 2030 to support development of maritime hydrogen fuel cells.

Headline

Klaveness Combination Carriers successfully places a second bond tap facility

Company

Klaveness Combination Carriers AS

Type

Bond

Sector

Diversified

Amount (mUSD)

28.2

Transaction Date

7/2/24

Comments

The Company will use the net proceeds from the senior unsecured sustainability-linked bonds for general corporate purposes, which may also include refinancing of debt.

Headline

Paratus Energy Services Ltd – completes Bookbuilding successfully

Company

Paratus Energy Services

Type

Equity

Sector

Offshore

Amount (mUSD)

74.8

Transaction Date

6/24/24

Comments

Gross proceeds were of the NOK equivalent of USD 75 million. The net proceeds from the Offering will be used for general corporate purposes and to increase balance sheet flexibility. The Company applied for admission to trading on Euronext Growth Oslo, and the listing application is expected to be considered by the Oslo Stock Exchange on 26 June 2024.

Headline

Norway's Enova has over NOK 300 million funds available from largest ever Enova funding round

Company

Halten Bulk AS

Type

Equity

Sector

Diversified

Amount (mUSD)

29.6

Transaction Date

6/19/24

Comments

The remaining funds, NOK 312.6 million (USD 29.6 million), after funding five projects totaling NOK 887.4 million (USD 83.9), is part of the largest ever Enova funding round at NOK 1.2 billion (USD 113.5 million) supporting the green maritime transition. The purpose of the funding is to establish the first functioning value chains for ammonia and hydrogen for maritime purposes.

Headline

Norway's Enova provides second round of funding to Napier AS for its ammonia fueled vessel program

Company

Napier AS

Type

Equity

Sector

Other

Amount (mUSD)

11.6

Transaction Date

6/19/24

Comments

The funding, NOK 123 million (USD 11.6 million), is part of the largest ever Enova funding round at NOK 1.2 billion (USD 113.5 million) supporting the green maritime transition. The purpose of the funding is to establish the first functioning value chains for ammonia and hydrogen for maritime purposes.

Headline

Norway's Enova provides second round of funding to Amon Maritime for its ammonia fueled vessel program

Company

Amon Maritime

Type

Equity

Sector

Drybulk

Amount (mUSD)

17

Transaction Date

6/19/24

Comments

The funding, NOK 180 million (USD 17 million), is part of the largest ever Enova funding round at NOK 1.2 billion (USD 113.5 million) supporting the green maritime transition. The purpose of the funding is to establish the first functioning value chains for ammonia and hydrogen for maritime purposes.

Headline

Norway's Enova provides second round of funding to Höegh Autoliners ASA for its ammonia fueled vessel program

Company

Höegh Autoliners AS

Type

Equity

Sector

Drybulk

Amount (mUSD)

10.3

Transaction Date

6/19/24

Comments

The funding at NOK 109.4 million (US 10.3 million) is part of the largest ever Enova funding round at NOK 1.2 billion (USD 113.5 million) supporting the green maritime transition. The purpose of the funding is to establish the first functioning value chains for ammonia and hydrogen for maritime purposes.

Headline

Yara International secures a major bond placement in three tranches - Tranche 3

Company

Yara International ASA

Type

Bond

Sector

Infrastructure

Amount (mUSD)

65.5

Transaction Date

6/11/24

Comments

Tranche 3 totals NOK 700 million (USD 65.5 million) of ten year bonds. Total of the three tranches is NOK 2.75 billion. An amount equal to the net proceeds from the green bond issuance will be used in accordance with Yara's Green Financing Framework. An application will be made for the bonds to be listed on Oslo Børs.

Headline

Yara International secures a major bond placement in three tranches - Tranche 2

Company

Yara International ASA

Type

Bond

Sector

Infrastructure

Amount (mUSD)

84.2

Transaction Date

6/11/24

Comments

Tranche 2 totals NOK 900 million (USD 84.2 million) of five year bonds. Total of the three tranches is NOK 2.75 billion. An amount equal to the net proceeds from the green bond issuance will be used in accordance with Yara's Green Financing Framework. An application will be made for the bonds to be listed on Oslo Børs.

Headline

Yara International secures a major bond placement in three tranches - Tranche 1

Company

Yara International ASA

Type

Bond

Sector

Infrastructure

Amount (mUSD)

107.5

Transaction Date

6/11/24

Comments

Tranche 1 totals NOK 1.15 billion (USD 107.5 million) of five year bonds. Total of the three tranches is NOK 2.75 billion. An amount equal to the net proceeds from the green bond issuance will be used in accordance with Yara's Green Financing Framework. An application will be made for the bonds to be listed on Oslo Børs.

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