Clean Shipping Groups Mull Potential Merger

Posted by Eric Haun
Wednesday, May 07, 2014

BSR’s Clean Cargo Working Group (CCWG) and the Clean Shipping Index (CSI)— two environmental reporting initiatives for ships and ship operators—signed a memorandum of understanding to collaborate for cleaner, more efficient shipping.

Through this agreement, the groups will explore a merger to create one global initiative that provides a uniform set of environmental reporting and assessment tools for cargo owners to use during procurement of shipping services. In the short term, CCWG and CSI will align more of the environmental parameters each organization currently uses.

In the past few years, there has been a proliferation of market-oriented environmental initiatives for the maritime industry. While this has been a positive development for sustainability, the different standards have bred confusion for shippers and carriers.

Directors of CCWG and CSI believe that aligning their work could save costs, allow data to be gathered more efficiently, and help engage more companies to collaborate on sustainability through a single network.

“Alignment behind one initiative is of great importance to the industry and our members, and this will help us more quickly reach our common goal of improving the environmental performance of the transport and logistics supply chain,” said Angie Farrag-Thibault , Project Director of CCWG and Associate Director of BSR’s Transportation and Logistics practice.

“Having a one-stop-shop for evaluating the environmental performance of shipping would make our work more efficient,” added Merijn Hougee, Director, CSR, of CSI. “Creating a global initiative by blending the approach of the two most widely recognized programs is an opportunity that we are proud to be cultivating.”

Maritime Reporter September 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Captain of Ill-fated El Faro was Known as Trusted Mariner

The captain of the ill-fated cargo ship that sank in a hurricane off the Bahamas with no survivors last week was an experienced and highly trusted mariner who had spent a lifetime on the water,

Cordero Reconfirmed as FMC Commissioner

Mario Cordero was reconfirmed today as a U.S. Federal Maritime Commissioner.   Cordero joined the Federal Maritime Commission (FMC) as a Commissioner on June 3,

Chiarello: TOTE Continues Support to El Faro Families

Anthony Chiarello, President & CEO of TOTE, owner of the cargo ship presumed to have sunk with 33 mariners aboard last week amid Hurricane Joaquin, issued a statement


Amid Commodity Crisis, LPG Emerges as Accidental Bright-spot

Liquefied Petroleum Gas, long a niche product used by the poor to cook and the rich to barbecue, has become a rare bright spot amid a broad commodities rout, riding

Collision Course with a Hurricane: How Doomed US Ship Met its End

The ill-fated U.S.-flagged El Faro cargo ship sunk by Hurricane Joaquin was sailing at near full speed into the center of the storm before it lost propulsion amid mountainous waves and brutal winds,

Cordero Reconfirmed as FMC Commissioner

Mario Cordero was reconfirmed today as a U.S. Federal Maritime Commissioner.   Cordero joined the Federal Maritime Commission (FMC) as a Commissioner on June 3,


Ukraine Sees Smaller Maize Exports to China

Ukrainian maize exports to China under a $1.5 billion loan-for-grains deal could be significantly below an expected 2 million tonnes this year, as Beijing appears to want less of the commodity,

Box Shipping Eyes More Overcapacity, Financial Pain

Slowing global trade and a bloated orderbook of large vessel capacity mean that container shipping is set for another three years of overcapacity and financial pain,

Former Shipping Execs Indicted on Price-fixing

Three former executives of ocean freight shipping firms have been indicted for participating in a long-running price-fixing conspiracy, the U.S. Justice Department announced.

Maritime Careers / Shipboard Positions Maritime Security Pipelines Port Authority Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2146 sec (5 req/sec)