India’s Oil Demand Drives CMB Tech Fleet Diversification
By Dimitri Rhodes Nov 7 (Reuters) – Belgian oil tanker company CMB Tech says it will focus on the fast growing market in India as it reported third quarter results...
Japanese shipping company NYK is claiming to have achieved country’s first carbon-neutral sea voyage through the purchase of carbon credits to offset emissions.
The carbon-neutral voyage was achieved by the company’s flagship car carrier, Aries Leader, during a trip from Japan to the Middle East.
NYK says to carbon-neutral status, the company purchased carbon credits to offset approximately 5,000 tons of carbon dioxide emitted during the voyage.
The credits were purchased from a wind power project in West India which supplies about 375 GWh of clean electricity annually.
The 7,000 ceu Aries Leader was delivered in 2014 and is equipped with technologies that help the vessel achieve approximately 30 percent less emissions compared to standard pure car and carriers.
“This initiative demonstrates the ability of NYK to provide carbon-neutral transportation to its Japanese and overseas customers, thus meeting the demand for a more sustainable, carbon-free supply chain,” the company said in a press release. “NYK will propose and expand its carbon offsets to customers as an option that benefits the environment and contributes to a zero-carbon-footprint supply chain.”
Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.
Join the 110,193 members that receive our newsletter.
Have a news tip? Let us know.
Access exclusive insights, engage in vibrant discussions, and gain perspectives from our CEO.
Sign UpMaritime and offshore news trusted by our 110,193 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up