Skuld has joined the Poseidon Principles for Marine Insurance (PPMI) as part of its commitment to sustainable shipping.

The PPMI was established last year to provide a global framework for assessing and disclosing the climate alignment of hull and machinery portfolios.

Signatories to the agreement monitor the greenhouse gas emissions of assureds to assess if they are in line with the targets of the Paris Agreement on Climate Change to achieve net-zero emissions by 2050.