This episode of the Lloyd’s List Podcast was brought to you by Wirana — visit www.wirana.com  for more information

GREEN ship finance arrived a few years ago to much fanfare and hope. But times have changed.

Lenders face many of the same hurdles as the rest of shipping: Uncertain regulation and technology, plus a lack of clear standards for what is and isn’t green. 

But they also have another challenge. Cashed-up shipowners are sitting on piles of pandemic profits and paying back their loans. This means even holding on to a shipping portfolio is a challenge. Fierce competition among lenders has thinned margins, making it harder to offer borrowers much of a discount for greener goals.

President Trump is back in; ESG investing is out. Or is it?

Joining Lloyd’s List senior reporter Declan Bush on the podcast this week are: 

• Jan-Henrik Huebner, global head of shipping advisory practice, DNV Maritime

• Tobias Backer, executive director, Pelagic Capital