Cargill, Shell and 15 others form group to get ocean shipping in line with IMO climate goals

Read the full story at Supply Chain Dive.

Seventeen major shippers from the energy, agriculture, mining and commodity trading industries have joined together to measure and report the carbon emissions that result from their ocean shipping activities, according to a press release from the group entitled The Sea Cargo Charter.

The group’s mission is to establish tools to help shippers determine if their shipping activities are in line with the International Maritime Organization goals for climate change mitigation. The IMO aims to achieve an ocean shipping emissions peak as soon as possible in order to reduce emission by 50% by 2050 from a 2008 baseline.

Anglo American, ADM, Bunge, Cargill Ocean Transportation, COFCO International, Dow, Equinor, Gunvor Group, Klaveness Combination Carriers, Louis Dreyfus Company, Norden, Occidental, Shell, Torvald Klaveness, Total, Trafigura and Ørsted are founding members, and the group is open to new members.

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