German Shipping Transport & Emission Costs on Summit Agenda

Press Release
Thursday, September 06, 2012

A 'Creating Climate Wealth Summit Germany' hosted by Carbon War Room aims to accelerate clean technology adoption.

Over 90 percent of the world’s trade cargo spends time on the ocean during its journey to market, carried by any one of approximately 60,000 active commercial vessels. Although the shipping industry, relative to other freight modes, is already very energy efficient, the widespread adoption of additional market-scale clean technologies which improve hull, engine and propeller design will produce further reductions in fuel consumption.

With the global financial slowdown and increasing fuel prices precipitating a restructuring of resources across the shipping industry, Carbon War Room feels the time is ripe for making cost-saving and emissions-reducing upgrades to the German shipping fleet.

The Carbon War Room and leading key stakeholders – charterers, owners, ship managers, technology companies and financiers – have developed three key models:

  • Fuel payer funded, where the fuel payer reaps the ROI and profit from fuel savings
  • Technology vendor funded
  • Third party funded

The Creating Climate Wealth 2012 Berlin Summit, 13 - 14 September 2012, will explore these innovative new models for financing clean technology adoption by the German shipping industry.

Climate Wealth attendees will consider the following questions: what financing structures and products might be best suited to accelerating vessel eco-efficiency, and how might risk and return be managed? Secondly how can the shipping investment community be galvanized to invest in clean technology shipping?



 


People & Company News

China Cosco Sinks into Red

Dragged by lackluster freight rates in the maritime transport market during the first half of 2016, China Cosco Holdings logged a 7.2 billion yuan ($1.07 billion) net loss for the January-June half,

DNV GL Backs John Laing on First Offshore Wind Investment

DNV GL successfully completed its due diligence work of the offshore wind farm “Nordergründe” in the North Sea, reviewing and quantifying the technical risks of the project.

MobileOps Pursuing Maritime Business

Redmond, Wash. based MobileOps, Inc., a software company specializing in the design and development of maritime software applications (dispatch, safety, compliance,

Environmental

Doing Business Differently to Meet Sustainability Targets: DNV GL

Pressure is mounting on the global oil and gas industry to reduce environmental footprint at the same time as the industry is under significant cost pressure.    Since

GoM Operators Evacuating Ahead of Storm

Offshore oil and gas operators in the Gulf of Mexico are evacuating platforms and rigs in the path of Tropical Depression No. 9.   The Bureau of Safety and Environmental

NParks, Keppel in S$2.08 mln Partnership for Restoring Singapore Forest Wetlands

The National Parks Board (NParks) and Keppel Corporation today unveiled plans for a partnership to restore the freshwater forest wetland ecosystem historically

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Pipelines Ship Electronics Ship Repair 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: 0.0738 sec (14 req/sec)