MOL to issue shipping’s first blue bonds – Splash247

Japan’s Mitsui OSK Traces (MOL) will grow to be the primary shipowner on the planet to challenge blue bonds subsequent month.

All of the proceeds from the general public providing in Japan’s home market will go on investments to contribute in the direction of a sustainable blue financial system. MOL has a raft of inexperienced tech it’s engaged on together with its arduous sails (pictured).

MOL is planning to lift Yen10bn ($70.4m) in five-year bonds.