Green Shipping – Beyond the Panacea of Green Fuels

Tsun has over 20 years of experience in the financial services industry. Prior to joining HKGFA, he worked for a number of corporate finance advisory firms and a specialist bank where he was responsible for cross-border mergers and acquisitions, initial public offerings, debt and equity restructurings and direct investments. Tsun is a qualified solicitor in England & Wales (non-practising), holds a BSc. in History and Philosophy of Science from University College London and is certified by the CFA in ESG Investing.

Eleanor is Head of Sustainability at The Caravel Group, where she leads the Group’s global sustainability strategy and decarbonisation performance across a fleet of more than 580 vessels under management via Fleet Management Limited, the Group’s shipping subsidiary. She has led fleet-wide climate and nature risk assessments and decarbonisation roadmaps, working across operations, technical and safety teams to move low-carbon technologies and green fuels from pilot to scaled deployment, using AI-supported analytics to strengthen carbon-risk forecasting and disclosure accuracy.

With over 15 years across consulting, maritime and hospitality, she builds the governance and data infrastructure that underpins credible disclosure and advises C-suite leadership on translating climate transition planning into operational roadmaps that address the regulatory and commercial realities of the maritime sector’s net-zero transition.

Mark Teng is the Chief Financial Officer at SeaKapital, a Hong Kong-based maritime leasing and investment company, and the former Managing Director in the Shipping and Offshore department of Credit Agricole Corporate and Investment Bank.

Throughout his 25+ year career, Mark has originated and executed extensive maritime transactions across Asia-Pacific, Europe, and the Middle East, with recent experience in financing alternative fuel vessels using use-of-proceed as well as sustainability-linked loans, green bonds, and other ESG-compliant structures specifically designed for the maritime sector’s transition to net-zero emissions. Mark’s combination of practical transaction experience and attention to prevailing trends in sustainable finance continues to bridge global capital with Asia’s shipbuilding ecosystem to accelerate the sector’s transition to net-zero operations.

Mark has a long track record as a keynote speaker, moderator, and panelist at international maritime finance conferences across Asia. His speaking portfolio demonstrates expertise across sustainable finance, decarbonization, and maritime banking, including the recent keynote presentation “Sustainable Finance in Shipping” at the 17th World Ocean Forum 2023 in Busan, Korea. He also serves as a regular panelist at annual Marine Money conferences in Singapore, Hong Kong, and Shanghai, where he has addressed topics ranging from bank finance evolution to ESG best practices in shipping. His presentations consistently focus on bridging the technological and financial challenges of maritime decarbonization, emphasizing the critical role of governments and financial institutions in supporting the industry’s ambitious IMO 2050 net-zero targets.

Mark holds a B.S. in Economics from The Wharton School and a B.A. in International Studies from the University of Pennsylvania.

My Sustainability Goals for 2026:

One way Hong Kong can elevate its port competitiveness is by promoting alternative fuel bunkering availability, in line with its “green and smart port” strategy. In parallel, wider adoption of innovative green financing solutions such as use-of-proceeds financing for green fuel, supply chain infrastructure, or decarbonizing retrofitting equipment would further expand the supply of green funding to the address the rising demand under IMO 2050.