SIGLAR insights

The latest on carbon and cost efficient chartering

The IMO adopts operational emission reduction measures despite strong criticism  

The International Maritime Organisation (IMO) adopts new short-term measures that require ships to combine a technical and an operational approach to reduce their carbon intensity. The operational Carbon Intensity Indicator (CII) will highlight the charterers role in emissions reductions, but is it too weak, too slow? The IMO is already criticised for its selected method as well as its limited ambitions.

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IMO starts climate talks with a backdrop of pressure for net-zero shipping

As the International Maritime Organization (IMO) assembles today to adopt emission reduction measures, it’s with a backdrop of pressure to increase climate ambitions. Nations and industry players call for a net-zero maritime industry by 2050.

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Large majority wants to include global EU voyages in the EU ETS

A large majority of the respondents in an EU public consultation wants to include emissions not only from voyages between EU-ports but also from voyages between EU and non-EU ports in the Emissions Trading System (ETS).

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Emissions reporting - principles described, details need to be worked out

January 2021 is the first month of the Sea Cargo Charter (SCC) reporting on emissions from ship chartering activities. A rush of questions from both signatories and companies that are considering joining, show that details need to be discussed further.

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Siglar helps dry bulk charterers add the last piece to the carbon reporting puzzle

Many responsible dry bulk charterers measure and report emissions from their entire value chain. Reporting value chain emissions can be a puzzle, and chartering activities often represent a missing piece. Siglar keeps daily track of emissions from all shipping activities, regardless of ship type, size or freight contract, to help add that last piece to your puzzle.

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New board members to support Siglar in a phase of growth

Øyvind Schanke and Peder Engeset join the Siglar Board of Directors to support the company in a growing phase. Schanke will take on the role as chairman of the board.

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IMO amendments raise awareness on the charterer's role in reducing emissions

During an IMO meeting last week member states agreed on a plan to facilitate the reduction of the carbon intensity of international shipping. A key point was the approval of operational ship performance requirements. The focus on operational performance targets the existing fleet, and it raises awareness on responsible charterers' role in reducing shipping emissions.

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Siglar Carbon Reporting gets you fully aligned with the Sea Cargo Charter framework

The launching of the Sea Cargo Charter (SCC) is warmly welcomed by Siglar. In the Siglar Carbon Monitoring & Reporting dashboard all chartering activities are monitored and reported according to the Sea Cargo Charter requirements.

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Know the reduction potential of your freight deal

The Siglar Carbon Emissions Indexes let charterers compare the carbon efficiency of potential ships for their cargo. In this way, substantial reduction potential is highlighted.

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The future of commodity trading

A coming carbon price on shipping will change the way we trade commodities. Whether politicians implement carbon pricing globally or locally, or responsible companies implement it internally, insight into your freight emissions is crucial to prepare for this change.

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How charterers can make significant reduction in shipping emissions

The Siglar Carbon Efficient Chartering concept helps responsible charterers make significant emissions reductions from their chartering activities.

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Tackling a global challenge

International shipping emits more than 1 000 million tonnes of CO2e per year, and this number is projected to rise. According to the Fourth IMO Greenhose Gas (GHG) Study, shipping emissions represent 2,89% of the worlds GHG emissions. If the sector were a country, it would rank sixth in the world in terms of emissions.

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The recipe for Carbon Efficient Chartering™

You have to measure to manage and you have to manage to make efficient emissions reductions. These three steps are fundamental to the Siglar Carbon Efficient Chartering™ concept.

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