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?



 

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

People & Company News

ThyssenKrupp Says Submarines Part of Growth Story

Germany's Thyssenkrupp sees its submarine business as making an important contribution to its growth targets, the head of its Industrial Solutions business area said on Tuesday.

Two Newbuilds Delivered to Star Bulk

Star Bulk Carriers Corp. took delivery on February 27 of M/V Honey Badger (ex HN NE 164) and M/V Wolverine (ex HN NE 165), two 61,000 dwt Ultramax bulk carriers

Brazil Truck Strike Diminishes

Some truck drivers in Brazil continued blocking roads on Tuesday, slowing grains deliveries to southern ports, even as adherence to the strike diminished and a

Environmental

Winter in US Northeast Takes a Toll on Ferries

With its black hull rumbling against a field of broken ice, the Warren Jr. slowly eased away from a dock in the Boston suburb of Hingham on Tuesday, aiming to clear

USCG Marine Safety Alert

The U.S. Coast Guard issued a marine safety alert today to remind all gas carrier owners and operators to ensure that all personnel follow approved Safety Management

Added Value Innovation Drives Control of BWTS

Specifying for ballast water treatment systems can be a difficult process. Ian Hamilton, sales manager for marine electrical wiring control and instrumentation specialists CMR Group, offers guidance.

 
 
Maritime Careers / Shipboard Positions Maritime Standards Navigation Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Ship Simulators Sonar
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1557 sec (6 req/sec)