MarinaChain, a leading technology company driving digital transformation in the shipping industry, is a maritime logistics ESG specialist providing AI-powered solutions to efficiently track and manage vessel carbon emissions.

In particular, the company significantly simplifies the carbon emission management process for shipping lines by offering data collection, verification, and reporting features optimized for the EU Emissions Trading System (EU ETS). MarinaChain supports shipping companies in complying with EU carbon regulations through its one-stop solution for managing and reporting vessel emissions.

KB Securities plans to combine its financial expertise with MarinaChain's technological foundation to help shipping companies maximize the use of carbon financial products. Both parties will collaborate on carbon emission management for shipping firms, brokering and trading, and risk hedging advisory services. Furthermore, they plan to expand their cooperation beyond the EU carbon market into the domestic market and eco-friendly energy sectors such as biofuels.

This initiative aims to help shipping companies respond more swiftly to tightening environmental regulations via EU carbon credit management, while providing data analytics services to enable efficient emission management.

Through this partnership, shipping lines are expected to reduce costs and flexibly adapt to various carbon regulations with a sustainable shipping system, marking a critical step toward achieving long-term carbon neutrality goals.

"As a leading ESG institution, KB Securities expects to play a pioneering role in helping domestic shipping companies efficiently manage carbon emissions, respond to environmental regulations, and achieve carbon neutrality through carbon financial products," said Heo Pil-seok, Head of Trading at KB Securities.

Source : https://www.rcast.co.kr/news/articleView.html?idxno=26198