Driving Cleaner Air through Financial Incentives
Given the global nature of shipping, a co-ordinated effort is required across the supply chain to reduce greenhouse gas emissions (GHG) from shipping. Pioneering ports worldwide are currently implementing a variety of initiatives to reduce emissions from shipping and encourage more environmentally friendly vessels to the region: acting local, whilst driving global change.
Global non-profit, Carbon War Room and maritime risk experts, RightShip are providing a common platform for Port Incentive Programs. The A to G Greenhouse Gas Emissions (GHG) Rating – available free of charge on www.shippingefficiency.org is an easy-to-use tool containing information on over 70,000 existing vessels.
This rating applies the IMO’s Energy Efficiency Design Index (EEDI) methodology to existing fleet data. Vessels are then ranked using a standard A to G rating, with A being the most efficient and G the least. The rating process is undertaken by comparing a ship’s theoretical CO2 emissions to peer vessels of a similar size and type.
Barbados Ports lead the way in environmental sustainability
Demonstrating leadership and commitment to environmental sustainability, Barbados Ports Inc. have committed to work together with RightShip and develop an incentive program encouraging more efficient vessels to their port.