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
Enova SF Grants $60 Million for Short Sea Shipping Ventures With Alternative Fuels
Company
Enova SF
Type
Equity
Sector
Diversified
Amount (mUSD)
60
Transaction Date
12/12/25
Comments
Enova has granted LH2 Shipping, together with Strand Shipping Bergen, a NOK 299 million (approximately $30 million) grant to develop and build two liquid hydrogen-powered general cargo vessels, sailing between Norway and the European continent. Amon Bulk was also awarded NOK 298 million (around $30 million) for the construction of three ammonia-fueled Kamsarmax Bulkers.
Headline
Bonheur ASA Issues Green Bonds in NOK 700 million Issuance
Company
Bonheur ASA
Type
Bond
Sector
Cruise
Amount (mUSD)
70
Transaction Date
9/4/25
Comments
Bonheur ASA has successfully completed a new senior unsecured green bond
issue of NOK 700 million with maturity in September 2030. The bond issue was
oversubscribed. The bonds will pay a coupon of 3 months NIBOR + 2.15% per annum.
Headline
Union Maritime Secures Post-Delivery Financing for Wind Assisted LRs
Company
Union Maritime
Type
Loan
Sector
Tanker
Amount (mUSD)
130
Transaction Date
7/29/25
Comments
Union Maritime has secured a further $130 million from a syndicate of banks led by Societe Generale in the purpose of post-delivery financing for its wind-assisted newbuild LR's being built in China. The facility is backed by Sinosure.
Headline
Cadeler Receives EUR 675 Million Financing from DNB Led Syndicate
Company
Cadeler A/S
Type
Loan
Sector
Offshore Wind
Amount (mUSD)
770
Transaction Date
6/18/25
Comments
The EUR 675 million ($770 million) financing includes pre- and post-delivery financing
provided by a DNB led syndicate advised by Norton Rose Fulbright, and is backed by two export financiers China Export & Credit Insurance Corporation (“Sinosure”) and Export Finance Norway (“Eksfin”).
Headline
ING Bank Provides K-SURE ECA Insured $72 Million Loan Facility to Algoma
Company
Algoma Central Corporation
Type
Loan
Sector
Diversified
Amount (mUSD)
72
Transaction Date
4/24/25
Comments
ING Bank provided approximately $72 million as a loan facility, supported by the Korean Export Credit
Agency (K-SURE), and advised by Stephenson Harwood to Algoma Central Corporation for the construction of two ice-class product tankers on long-term charter to Irving Oil.
Headline
NYK Issues Transition Bonds to Finance LNG-Fueled Vessels
Company
NYK Line (Nippon Yusen Kabushiki Kaisha)
Type
Bond
Sector
Diversified
Amount (mUSD)
112
Transaction Date
4/15/25
Comments
NYK issued an unsecured “transition bond,” issuing JPY 16 billion ($112 million) at just 1.241% to finance
investments in LNG-fueled vessels.