Shippingefficiency News

IMO’s 2050 deadline to reduce GHG emissions 50% from 2008 levels has set off a gold rush to develop Zero Emissions SolutionsClimate change is the biggest issue facing [all aspects of] the maritime industry, said Kitak Lim, IMO secretary general, in an interview earlier this year with Maritime Reporter & Engineering News. He predicted that shipping could experience as much change in the next 10 to 20 years as it has in the last 100 years, as the industry races to meet a number of challenges…

Market-led solution reduces shipping’s carbon dioxide emissions. Ahead of COP21, 26 of the 35 charterers that include vessel efficiency in their supply chain selection have come forward to highlight their proactive measures on climate change. By using the Greenhouse Gas (GHG) Emissions Rating to find the more efficient vessels these industry leaders are using their influence to incite change in the maritime industry by rewarding ship owners that prioritise efficiency. Developed in 2010 in response to customer demand, the GHG Emissions Rating is a tool developed by RightShip, the maritime risk management specialist. The tool is available free of charge to all RightShip customers and at ShippingEfficiency.org and allows charterers and other stakeholders to assess the efficiency of vessels.

Demonstrating leadership and commitment to environmental sustainability, Barbados Port Inc. has committed to work in partnership with RightShip to develop an incentive program encouraging more efficient vessels to their port. During the 1st Hemispheric Seminar on Port Legislation held in Montevideo on the 24-25 November David Jean Marie, CEO of Barbados Port and Anuj Chopra, RightShip’s Vice-President - Americas, signed a letter of intent to develop a port incentive program using the RightShip and Carbon War Room Greenhouse Gas (GHG) Rating. The port incentive program rewards vessels with better energy efficient ratings. Measuring their carbon dioxide emissions…

Cargill, Huntsman Corp. & UNIPEC UK who combined charter over 350 million tonnes of commodities annually decide to charter only eco-friendly ships. Cargill, one of the world's leading international transporters, producers and marketers of food, agricultural, financial and industrial products, Huntsman Corporation, the global manufacturer and marketer of differentiated chemicals and UNIPEC UK Company Ltd, trader of crude oil and oil products, announce that they will only charter the more efficient vessels operating in the shipping market. This commitment is the first of its kind in the industry to reduce the existing fleet carbon emissions.

Shippingefficiency.org provides free environmental ratings of the world’s shipping fleet, based on standardized efficiency indexes, offering comparable data on 60,000 ocean-going vessels. Since its launch, the site has been hugely successful with an average 15,000 unique users per month and 1,750 registered users. Following the success of Carbon War Room’s first webinar in January, which attracted over 150 participants from across Europe, and due to demand in the Americas, Carbon War Room is hosting a second webinar presentation of the site for stakeholders.

Carbon War Room, a not-for-profit organization targeting market-driven solutions to climate change, announced the launch of a series of online and live seminars for shipping industry participants on its Shippingefficiency.org online service - launched at the UN climate change talks in December. By the end of 2010, the site had logged over 25,000 visitors, while over 1,500 users had registered to make full use of the online service. The seminars aim to respond to questions from the industry about the design of the service, and its use. The aim of the new online data hub is to enable market participants to more easily factor in vessel efficiency to their decision making.