A new agreement between the food giant Cargill, chemical developer Huntsman Corp., and the U.K. oil company UNIPEC shows a resolute approach to reducing carbon emissions on the seas. The companies have agreed to monitor and use the “greenest” possible ships they can find because of concerns that their supply chains impact the environment.
The companies hope to combat the call for more local and environmentally-friendly goods by adjusting their operations to meet consumer demands around production and shipping, not the actual products themselves. The goal is to move past local-goods demands and show ocean freight is a clean and viable alternative, and save their bottom lines through sales and improved efficiencies by digging deep into every aspect of the supply chain.
One service they will likely use is ShippingEfficiency.org, a data hub that tracks metrics on more than 60,000 ships across the world. The companies can use services like this to monitor a variety of environmental performance metrics for bulk carriers, cargo ships, containers, and tankers, including the RightShip’s Existing Vessel Design Index – an estimated measure of the CO2 emitted per ton nautical mile – that allows for comparisons between ships. – Geoff Whiting
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now