World News
Box Shipping Players Call for More Innovation in Low-Emission Technology
BSR's Clean Cargo Working Group (Clean Cargo), who represents 22 ocean carriers and represents 85% of ocean containerized shipping and industry customers, wants more innovation in low-emission technology.
The call comes as the group says CO2 emissions in 2017 continued to fall, with average CO2 emissions per container per kilometer for global ocean transportation routes down 1% from 2016 to 2017.
It means that since 2009, when the group first publicly reported the aggregate averages, emissions per container move have dropped over 37%, Clean Cargo says.
In April, the Shipping industry pledged to reduce its total annual GHG emissions at least 50% by 2050 compared to 2008, while at the same time pursuing efforts towards phasing them out entirely.
"The progress on climate and air quality we are seeing in container shipping - one of the highest emitting industries - is absolutely critical for achieving global environmental goals," said Nate Springer, Manager at BSR.
"We need more innovation in low-emission technology, as well as continued collaboration, to meet the ambitious goal of halving CO2 emissions from shipping by 2050, recently announced by the International Maritime Organization."
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 644.50 | 2.50 | 765.00 | 14.00 |
| Rotterdam | 607.50 | 0.50 | 764.50 | 24.50 |
| Houston | 632.50 | 4.00 | 807.50 | 5.00 |
| Fujairah | 650.50 | 1.00 | 882.50 | 6.00 |
| Global 20 Ports Average | 665.50 | 6.50 | 870.50 | 14.50 |
| Global 4 Ports Average | 635.50 | 3.50 | 810.00 | 17.50 |
| Global Average Bunker Price | 725.00 | 2.50 | 925.50 | 8.00 |
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