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.

The index is available under the symbol MMDI and is currently accessible on Bloomberg and Reuters.

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.”