FacebookTwitterEmailLinkedin As European shipowners align with the EU’s objectives for a greener future, Evina Fotiadou, Policy Advisor for Shipping Policy and Communications at ECSA, highlights the obstacles hindering the maritime industry’s transition. Notably, she points out the decline in shipping portfolios of European banks due to stringent capital requirements. Evina underscores the necessity of incentivizing banks to finance industry transformation to cultivate an ESG-driven maritime culture. This entails implementing measures to bolster funding for energy transition and climate objectives, thus propelling Europe’s sustainability agenda forward. RelatedNews Future-ready seafarers: Bridging technical excellence and human competence Maritime Talent Development Program: Navigating the crew crisis var jnews_module_21314347_0_6a0408bcf384a = {"header_icon":"","first_title":"Related","second_title":"News","url":"","header_type":"heading_8","header_background":"","header_secondary_background":"","header_text_color":"","header_line_color":"","header_accent_color":"","header_filter_category":"","header_filter_author":"","header_filter_tag":"","header_filter_cpt_post_tag":"","header_filter_cpt_tribe_events_cat":"","header_filter_cpt_web_story_category":"","header_filter_cpt_web_story_tag":"","header_filter_text":"All","sticky_post":false,"sticky_post_filter":false,"post_type":"post","content_type":"all","sponsor":false,"number_post":"2","post_offset":0,"unique_content":"unique1","include_post":"","included_only":false,"exclude_post":"21314347","include_category":"","exclude_category":"","include_author":"","include_tag":"648,3205,1613,1745","exclude_tag":"","exclude_visited_post":false,"post_tag":"","tribe_events_cat":"","web_story_category":"","web_story_tag":"","sort_by":"latest","show_date":"","date_format":"default","date_format_custom":"Y\/m\/d","pagination_mode":"disable","pagination_nextprev_showtext":"","pagination_number_post":"2","pagination_scroll_limit":0,