Analytical software that generates an index to predict the trade-off between emissions reduction and debt servicing for ships financed under the Poseidon Principles has been developed by Metis Cyberspace Technology.
The Poseidon Principles offer a framework for lenders representing more than $150bn in loans to finance ships in line with International Maritime Organization goals to halve greenhouse gas emissions by 2050.
Metis said assessing whether ships merit further investment to keep pace with the IMO average efficiency ratio (AER) underpinning the principles “will be key”, although exact emissions targets have not yet been set.
