Car carriers feeling the heat from automakers on decarbonisation

Analyst says “there is pressure from banks” and “pressure from Volkswagen” in  Stamford. Speaking on a panel at Marine Money Week in New York on Thursday, ABG Sundal Collier analyst Petter Haugen said automakers are looking to cut as much carbon as possible, including the carbon spent getting their products to end users. “Of all shipping segments, […]

Streetwise: Pyxis Tankers is not a fan of dilutive share deals, but some investors wonder

  ”It’s very easy to trace and all the car manufacturers want to know the carbon footprint,” he said. “The point is, they want to know and they want us to lower it so then they need to buy fewer carbon credits.” Liberty Global Logistics executive vice president Josh Shapiro said the spot market for car […]