Shipping's demand for decarbonisation has overtaken the 2019 Poseidon Principles, two top executives say.
Torvald Klaveness chief executive Lasse Kristoffersen and BW LPG counterpart Anders Onarheim said the standards for carbon reporting devised by ship financiers for promoting climate neutrality are no longer ambitious enough.
They were speaking to a 27 May session of Capital Link's Maritime Forum Norway.
Neither Klaveness nor BW Gas has struggled to live up to the Poseidon Principles since their financiers adopted them.
