Shipping firms drop anchor to control carbon emissions - HELLENIC SHIPPING NEWS WORLDWIDE

Posted - Friday, 01 January 2010 - HELLENIC SHIPPING NEWS WORLDWIDE

State-owned Shipping Corp, AP Moller Maersk, the world’s largest container line, and Bharati Shipyard are accelerating their moves to cut carbon emissions even as acrimony stalls a global climate deal, which may not be forever, industry officials said. Bharati, the nation’s second-largest private shipbuilder, is developing the world’s first liquefied natural gas, or LNG, vessel in collaboration with the British engineering firm Rolls Royce.
AP Moller Maersk is running 100 innovation research projects that includes new kinds of ship paints and developing more efficient propellers. If a few shipping companies cut their carbon emission, there could be a substantial reduction in pollution, since more than 80% of the world’s goods are transported through the sea. Currently, ships account for about 4% of the global carbon emissions. While new technologies are expected to cut pollution, the cost of transporting goods may climb, at least in the early stages....

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