Asia/Pacific News
China Shipping Reports Bunker Savings, Commitment to "Green" Operations
China Shipping (Group) Company (CSG) has promised to reform its management style and work culture in order to stay on the "green course" and be more environmentally friendly, Seatrade Maritime reports.
Ding Nong, vice president of CSG, told delegates at the Senior Maritime Forum of Marintec China 2015 that his company has already contributed to emissions reduction as well as cost savings by scrapping 182 elderly ships of a combined 5.25m deadweight tonnage since 2011.
Also, CSG's new containership fleet of 19,000 twenty-foot equivalent unit (teu) capacities are consuming less bunker fuel per TEU compared to its 5,000 teu capacity boxships; and 46 CSG boxships are outfitted with cold ironing technology for plugging into to shore side power, which is being developed at Shanghai port.
Meanwhile, slow steaming of CSG's tanker and dry bulk shipping fleets have reportedly reduced marine fuel consumption by 500,000 metric tonnes in 2014 compared to the previous year.
Nong said, "What we set out to achieve is to have a more green management style and work culture, investment in green shipping for sustainable operations, and integrate green shipping into the One Belt One Road strategy."
Meanwhile, industry insiders expect that the Chinese Government will approve the proposed merger between China Shipping subsidiaries and COSCO by January of 2016.
