Marine Money International Launches Marine Money Decarbonization Index

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Marine Money International has launched the Marine Money Decarbonization Index (MMDI), a global index of publicly traded companies actively pursuing decarbonisation technologies and services for maritime transportation and related infrastructure. 

The MMDI was created in collaboration with Breakwave Advisors and Sea/Switch Partners, says in the article published on their website.

The Index

At launch, the index, which will rebalance quarterly, includes publicly traded companies engaged in next generation vessel technology, batteries, fuel cells, hydrogen, biofuels and offshore renewable energy solutions.

John Kartsonas, founder and managing partner of Breakwave Advisors, commented “MMDI is a key step towards capitalising on the ocean decarbonisation transition by providing investors with an easy way to track the performance of publicly traded sector leaders backed by comprehensive research and analytics.”

Performance of publicly traded companies

At launch, the Index, which will rebalance quarterly, includes publicly-traded companies engaged in the following areas:

  • Next Generation Vessel Technology
  • Marine Battery Manufacturing
  • Marine Fuel Cell Manufacturing
  • Marine Fuel Cell Technology
  • Green Hydrogen & Hydrogen-Based Energy Production & Infrastructure
  • Biofuel Production
  • Offshore Renewable Energy Solutions
  • Other Renewable-Focused Technologies & Services Related to Maritime Transportation and Related Infrastructure

Summary

  • Marine Money International has launched the Marine Money Decarbonization Index (MMDI), a global index of publicly traded companies actively pursuing decarbonisation technologies and services for maritime transportation and related infrastructure. 
  • MMDI was created in collaboration with Breakwave Advisors and Sea/Switch Partners.
  • The index, which will rebalance quarterly, includes publicly traded companies engaged in next generation vessel technology, batteries, fuel cells, hydrogen, biofuels and offshore renewable energy solutions.
  • MMDI is a key step towards capitalising on the ocean decarbonisation transition.

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Source: marinemoney.com