Cargill is to fix only the more fuel-efficient ships in future as it plans to reduce its carbon emissions and operating costs.
The Swiss-based trader said it would no longer charter in ships ranked in the lowest two of seven categories as rated by the Carbon War Room; 60,000 vessels categorized from A to G.
“By choosing the more efficient vessel available to us, we are making a strong statement to the market,” Cargill said.
“We hope this action will demonstrate to ship owners that they can and should do more in terms of efficiency,” it added.
Published : October 5, 2012