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In response to the ongoing 21st Conference of the Parties (COP21) being hosted by France,
various charterers declared to undertake actions in support of COP21’s cause against climate
change. These charterers are 26 of the 35 most influential charterers in the shipping industry
and involve vessel adeptness in their selection of supply chain. One of the said actions includes the
use of the Greenhouse Gas (GHG) Emissions Rating in order to discover more resourceful vessels
and award shipowners who prioritize such environmental efficiency. In this way, these shipping
giants are aiming to motivate environmental changes in the maritime industry.
various charterers declared to undertake actions in support of COP21’s cause against climate
change. These charterers are 26 of the 35 most influential charterers in the shipping industry
and involve vessel adeptness in their selection of supply chain. One of the said actions includes the
use of the Greenhouse Gas (GHG) Emissions Rating in order to discover more resourceful vessels
and award shipowners who prioritize such environmental efficiency. In this way, these shipping
giants are aiming to motivate environmental changes in the maritime industry.
The GHG Emissions Rating is a tool that was developed in 2010 by maritime risk management
specialist RightShip. This tool enables charterers to measure the efficacy of vessels. It also allows
companies to distinguish the efficient vessels in order to lower fuel bills while also measuring and
limiting the carbon footprint left behind by shipping.
specialist RightShip. This tool enables charterers to measure the efficacy of vessels. It also allows
companies to distinguish the efficient vessels in order to lower fuel bills while also measuring and
limiting the carbon footprint left behind by shipping.
Some of the aforementioned charterers who have announced their action to use the GHG Emission
Rating are as follows:
Rating are as follows:
Baere Maritime
Dubai Supply Authority
Hudson Shipping Lines
Nidera
Olin – Blue Cube
Refidomsa
South32
Z Energy
BHP Billiton
Greenergy
Incitec Pivot Limited
Noble Chartering
Rio Tinto
Targa Resources
Saudi Aramco Products Trading Company
Canpotex
HESS
Ixom
Olam
PTTEP
Scorpio Group
The Mosaic Company
Par Pacific – HIE
Dubai Supply Authority
Hudson Shipping Lines
Nidera
Olin – Blue Cube
Refidomsa
South32
Z Energy
BHP Billiton
Greenergy
Incitec Pivot Limited
Noble Chartering
Rio Tinto
Targa Resources
Saudi Aramco Products Trading Company
Canpotex
HESS
Ixom
Olam
PTTEP
Scorpio Group
The Mosaic Company
Par Pacific – HIE
It can be recalled that even before the 21st Conference of COP21 commenced in France, it was
anticipated that the shipping industry come under fire for its carbon dioxide emission. In fact,
the economists of the Organization for Economic Co-operation and Development International
Transport Forum had made suggestions which involved imposing a tax of US$25 for every ton of
carbon dioxide on shipping. The fund from the proposed tax will, supposedly, be contributed to
the Green Climate Fund.
anticipated that the shipping industry come under fire for its carbon dioxide emission. In fact,
the economists of the Organization for Economic Co-operation and Development International
Transport Forum had made suggestions which involved imposing a tax of US$25 for every ton of
carbon dioxide on shipping. The fund from the proposed tax will, supposedly, be contributed to
the Green Climate Fund.
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