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        <description>finance

Basel

The group was established in 2007 to fill the credit gap after the introduction of Basel II &amp; III caused banks to withdraw from lending in emerging markets. Today Scipion’s in-house team of 18 investment, operational management and legal experts offers SMEs a one-stop solution to their financing requirements.</description>
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        <description>Drilling Regulations

Many of Trump’s oil and
natural-gas supporters favor
easing regulations that govern
drilling. The changes would
include scrapping rules target-
ing methane emissions, get-
ting new permits to frack on
federal land and eliminating
climate disclosure rules.</description>
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        <description>Fit for 55

There’s a shipping regulatory framework starting next year in Europe called Fit for 55, where regardless of the flag and the ship’s ownership, any ship entering or leaving a European port will be subject to EU legislation on shipping emissions. The penalties will be significant. Part of this regulation, in particular, FuelEU, will provide incentives for using WAPS. As a result,  if you operate a five-year-old tanker regularly visiting European ports, retrofitting it with sails is mor…</description>
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        <description>HKC

Controls on ship recycling are, therefore, crucial in order to keep the sector operating safely and efficiently. Policymakers and regulators came together to address this and introduced the Hong Kong Convention for Safe and Environmentally Sound Recycling of Ships (HKC), which came into force in June 2023. As part of the convention, ships must have an Inventory of Hazardous Materials onboard, which must be prepared, verified and kept up to date, in line with the IMO’s guidelines.</description>
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        <description>legal dynamics

Regulations</description>
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