Ship financing market will hinge on eco-friendly vessel as well, as fuel efficiency will become a new standard for banks' loan portfolios of shipping companies.
Analyst Park Mu-Hyun of E*Trade Securities explained that older ships with lower fuel efficiency will gain credit risks.
He said that KfW IPEX-Bank of Germany has evaluated energy efficiency of shipping portfolio, on the basis of EEDI, with Germanischer Lloyd (GL)'s subsidiary FutureShip.
Park explained that these recent trend represents ship financing has started to provide a differentiated service by fuel efficiency.