World News
New Report From CCWG Suggests CO2 Emissions on Global Shipping Routes Fell by 2.6% YoY in 2016
Clean Cargo Working Group (CCWG), in a new report, says the average carbon dioxide emissions per container per kilometre for global shipping routes fell by 2.4 percent from 2015 to 2016.
The report, titled "2016 Global Maritime Trade Lane Emissions Factors," is based on data collected from more than 3,200 ships for 22 ocean container carriers, which are said to collectively represent 87 percent of ocean container capacity worldwide.
"While changes in carrier representation or global trade conditions likely explain a portion of these results, the continued performance improvement is also attributed to carrier fleet efficiency and data quality, both of which have direct benefits for shipping customers," said CCWG.
CCWG says 2016 was also the first year that 100 percent of carriers included in the emissions factors were verified using the CCWG protocol.
"CCWG members share a vision of a container shipping industry that is a responsible part of sustainable supply chains, supporting clean oceans, healthy port communities, and global climate goals," said the group.
"CCWG pursues this vision through delivering on its mission to measure, report, and evaluate performance in marine container transport; share best practices between members; support responsible corporate engagement with stakeholders; and catalyze and partner on projects that drive sustainability performance improvement."
Last month, ship efficiency expert Nikos Petrakakos told Ship & Bunker that the Shipping industry must act on reducing its emissions even if the environmental benefits are zero.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 647.00 | 6.00 | 762.00 | 5.50 |
| Rotterdam | 599.00 | 1.00 | 751.00 | 0.50 |
| Houston | 618.00 | 11.50 | 802.50 | 6.50 |
| Fujairah | 642.00 | 5.50 | 883.50 | 5.50 |
| Global 20 Ports Average | 661.50 | 3.50 | 859.00 | 5.00 |
| Global 4 Ports Average | 629.50 | 1.00 | 799.50 | 1.50 |
| Global Average Bunker Price | 719.00 | 3.50 | 915.00 | 7.50 |
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