PPMI launches 3rd annual disclosure report

The Poseidon Principles for Marine Insurance provide a global framework for responsible marine insurance.

Gard, the Norwegian Hull Club, and Skuld are among the nine marine insurers that transparently report the climate impact of their hull and machinery portfolios on an annual basis. Hydor and Cefor are affiliate members of the PPMI, supporting the transparency offered through this global framework to foster dialogue with clients and promote a more sustainable ocean industry.

The report tracks for the first time GHG emissions against IMO's revised ambition for shipping to reach net zero emissions by 2050.

To read the report and learn more about the PPMI click here.

In December 2024, Cefor published its second report with an analysis of vessel emissions and activity in support of the PPMI framework (read the report here).