Shipping is considered an emission-intensive industry. After all, international shipping contributes 3% of the total global emissions. This is exclusive of emissions linked to inland and air transport. According to the Fourth Greenhouse Gas (GHG) Study 2020 CO2 emissions by the shipping industry could go up to 17% in the years to come. The challenge is multifaceted […]
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The drive for decarbonization is fueled by consumer expectations, regulations, and corporate social responsibility objectives. Shipping alone is responsible for emitting 940 million tonnes of CO2 annually, contributing to 2.5% of global greenhouse gas emissions. Shippers are faced with two primary objectives : 1. Reporting on their CO2 emissions 2. Taking action to reduce their carbon footprint However, […]
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The maritime industry is pressurized globally to decarbonize its level of emission in the supply chain, which is also impacting key stakeholders ranging from investor groups to end consumers. What can shippers do in a sector as vast as maritime transportation, especially when very few things are under your direct control? Let’s start with the […]
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