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Court Ruling: Part Of Taxonomy Criteria Found Unlawful – But Polluting Planes And Ships Still Slipping Through The Net

Yesterday, the General Court in Luxembourg has published its judgment on the EU Commission’s Taxonomy Regulations on ‘green’ investments for aviation and shipping.

  • EU Court rules part of shipping taxonomy criteria unlawful
  • Commission's discretion on methane emissions threshold not unlimited
  • Fossil-fuelled aircraft and ships still exempt from sustainable label

Russia’s Black Sea diesel exports fall to zero for first time on record

Russia’s Black Sea diesel and gasoil shipments fell to zero for the first time on record in the week to Sept. 24, according to S&P Global Commodities at Sea data, as a nationwide export ban has…

  • Russia's Black Sea diesel exports reach zero for first time ever
  • Nationwide export ban disrupts trade flows from major global producer
  • Halt coincides with broader slump in Russian diesel shipments

Marinakis’ Affiliated Capital Maritime Finance Corp. To List on Euronext Athens

Capital Maritime Finance Corp. (CMF) is moving forward with the first shipping IPO in Greece, through the exclusive listing of all its shares on Euronext Athens.

  • Marinakis' affiliated Capital Maritime Finance Corp. to list on Euronext Athens.
  • IPO aims to raise up to €200 million for newbuilding program and working capital.
  • Fleet of 36 container vessels, 13 operational, with 100% charter coverage through 2034.

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