NOCC adds third ‘ammonia-ready’ PCTC newbuild orderbook
Norwegian Car Carriers (NOCC) has added a third ‘ammonia-ready’ 7,000ceu LNG-powered ship to its two-vessel, ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
It’s not just shippers that are beginning to insist their suppliers have a plan to tackle climate change; now investors too are looking to force change. Activist hedge fund TCI plans to target directors of companies that fail to disclose their carbon emissions. The founder said: “Investing in a company that doesn’t disclose its pollution is like investing in a company that doesn’t disclose its balance sheet. If governments won’t force disclosure, then investors can force it themselves.” According to the Guardian, almost a third of UK boards (32%) feel little or no responsibility for the climate crisis. But TCI’s founder added: “Asset owners should fire asset managers that do not require such disclosure.
“Investors don’t need to wait on regulators who are asleep at the switch and unwilling or unable to regulate emissions properly. They can use their voting power to force change on companies who refuse to take their environmental emissions seriously. Investors have the power, and they have to use it.”
You have been warned…
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