SINGAPORE, Nov. 3, 2015 /PRNewswire/ -- As the maritime industry advances towards the development of green technology and fuel efficiency, the European Investment Bank (EIB) is currently developing a Green Shipping Finance Tool (GSFT) concept, aimed at implementing a sustainable, scalable and commercial financial instrument that provides a solution to accelerate investments in sustainable shipping projects.
EIB was invited by the European Commission and various maritime stakeholder representatives to reflect on how financial initiatives established under the Connecting Europe Facility (CEF) and the European Fund for Strategic Investments (EFSI) could assist the shipping sector. Mr Mark Clintworth, Head of Shipping, EIB, will be presenting the keynote address on Financial Initiatives for Green Shipping at the 4th Green Technologies Seminar, an event co-hosted by ClassNK and Seatrade on Monday, 16 November 2015 at the Hong Kong Convention and Exhibition Centre.
Returning to Hong Kong this year, the complimentary half day afternoon seminar covers a diverse range of topics on new environmentally-friendly and energy efficient solutions. Presentations will include the practical and financial implications of retrofitting ballast water management systems to existing vessels in addition to eco-efficient software and machinery. ClassNK together with NAPA, will share new case studies at the seminar on the effectiveness and practical application of the Dynamic Performance Model, an eco-green software. This will be presented by Mr Katsutoshi Nagata, Manager, Marine and Industrial Service Department, ClassNK.
Other prominent speakers include Mr Kenji Kamita, Hull Design Group Leader, Imabari Shipbuilding Co., Ltd, Mr Isamu Teranishi, CEO, Sanwa Dock and Dr Toshio Yamatogi, General Manager, Composite Business Department, Nakashima Propeller Co., Ltd. Mr Arthur Bowring, Managing Director, Hong Kong Shipowners Association will be moderating the questions and answers segment and presenting the closing remarks.
Visit http://www.greentech-seminar.com for more information about the event.
ClassNK is one of the world's leading classification societies, providing safety and certification services for more than 20% of the world's merchant tonnage. In addition to its wide range of classification services, ClassNK is also one of the world's leading maritime research organisations.
As part of its Joint R&D for Industry program, ClassNK is working with partners from throughout the maritime industry to carry out research and development projects focused on addressing key challenges such as maritime safety, green technology, and GHG emission reduction. Since the program's founding in 2009, ClassNK has provided research support and funding to more than 300 maritime R&D projects around the world.
Founded in 1970, Seatrade was acquired recently in 2014 by UBM, the world's second largest media and event organiser across a wide variety of industries. Seatrade's publications, events, management training, research and award schemes cover every aspect of the cruise and maritime industries and are highly respected around the globe. The company's principal strength is its ability to bring key people together, encouraging innovation and facilitating better communication within the industry. Seatrade's headquarters are based in Colchester, UK, with regional offices in Dubai, Singapore, as well as representatives in all major maritime centres and cruise destinations across the globe.
For more information, visit www.seatrade-maritime.com .
About UBM plc
UBM plc is a leading global events-led marketing services and communications company. We help businesses do business, bringing the world's buyers and sellers together at events, online and in print. Our 5,000 staff in more than 20 countries are organised into specialist teams which serve commercial and professional communities, helping them to do business and their markets to work effectively and efficiently. Running over 300 events per year UBM is the second largest exhibitions organiser globally and the biggest commercial organiser in the US, mainland China, India and Malaysia. For more information, go to http://www.ubm.com ; follow us on Twitter at @UBM_plc to get the latest UBM corporate news; follow@UBM for news and updates from across the businesses and selected members of UBM's Twitterati. http://media.ubm.com/social
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SOURCE Seatrade Communications