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mahatmakanejeeves

(57,376 posts)
Mon Oct 18, 2021, 07:54 AM Oct 2021

Green Investing Looks to Clean Up the Maritime Industry

MARKETS | FINANCE

Green Investing Looks to Clean Up the Maritime Industry

Wall Street is embracing a new kind of environmentally friendly debt aimed at lowering ocean pollution

By Julia-Ambra Verlaine
https://twitter.com/JAVerlaine
julia.verlaine@wsj.com
Oct. 18, 2021 5:30 am ET

First bonds went green. Now they are going blue.

Seaspan Corp. , the world’s largest containership lessor by cargo-carrying capacity, sold nearly $1 billion of so-called blue bonds earlier this year that sought to entice new investors by promising to fund vessels that will lower emissions and pollution at sea.

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