31 Oct '11, 3pm

World's Largest Shippers Commit to Sustainability Initiatives

World's Largest Shippers Commit to Sustainability Initiatives

Steps to pioneer energy-efficient vessels, make greater of use renewable energy, and design ships that can be reused or recycled are all today included in a new roadmap designed to achieve a "step-change" in the industry's carbon intensity through to 2040. The document, a "Vision for 2040," will be published later today by think-tank Forum for the Future's Sustainable Shipping Initiative (SSI) and has been endorsed by some of the shipping industry's biggest operators, including Maersk Line, Rio Tinto, Wärtsilä, and BP Shipping. Each of the 15 signatories has agreed to communicate the work they are doing to curb their environmental impacts and open this up to SSI scrutiny as part of a biannual reporting process. They also all acknowledge that work to cut emissions must begin immediately if the 2040 vision is to be achieved. Emissions from the sector account for just over 3 ...

Full article: http://www.greenbiz.com/news/2011/10/31/worlds-largest-sh...

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