SITUATIONSITUATION

A lack of consumer visibility and the extraterritorial nature of shipping explain in part why the industry’s has lacked regulation on Greenhouse Gas emissions to date.

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OBJECTIVEOBJECTIVE

Currently available technologies can substantially reduce CO2e. Efficiency gains could translate into an annual CO2e reduction of upwards of 250 million tons annually consumption by 2020.

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SKYSAILS ARE ONE TECHNOLOGYSKYSAILS ARE ONE TECHNOLOGY

Technologies are available: the “SkySail” has shown average fuel savings of up to 30%, according to company data from seatrials

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FUTURE SHIPS COULD BE MUCH CLEANERFUTURE SHIPS COULD BE MUCH CLEANER

The IMO has reported estimates of up to 70% latent efficiency in the shipping industry that could reduce fuel use and curtail fuel-related CO2e emissions.

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SHIPPING EMISSIONS ARE RISINGSHIPPING EMISSIONS ARE RISING
Projected emissions up to 2050 under four different technology scenarios that vary the sulfur content of ship fuels show a strong increasing trend, with the steepest increase between 2010 and 2030. Read more > Source: IPCC, 2007
TRANSPORT EMISSIONS ARE RISINGTRANSPORT EMISSIONS ARE RISING

Under business-as-usual, transport emissions continue to increase dramatically and are a major contributor to rising CO2e levels that lead to catastrophic climate change.

Read more > Source: IPCC, 2007
SHIPS ARE IMPORTANT TO ECONOMIC GROWTHSHIPS ARE IMPORTANT TO ECONOMIC GROWTH

Global freight industry is projected to play a key role in global growth as the major transport mode for international freight.

Read more > Source: LLoyd's Registry of Shipping, 2000
TRANSPORT ENERGY USE IS RISINGTRANSPORT ENERGY USE IS RISING

Reliance on petroleum, which supplies approximately 95% of transport energy, is driving CO2e emissions growth in the transport sector at a dangerous rate.

Read more > Source: IPCC, 2007
PORTS HAVE SIGNIFICANT CONTROL OVER SHIPSPORTS HAVE SIGNIFICANT CONTROL OVER SHIPS

The Port of Long Beach is one port to implement emissions controls, requiring ships to slow down when approaching the port to reduce fuel consumption and associated emissions.

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INDUSTRY EMISSIONS ARE ABOVE GERMANYINDUSTRY EMISSIONS ARE ABOVE GERMANY

Emissions from the shipping industry are greater than those of the entire country of Germany.

Read more > Source: IMO, 2009
INTELLIGENCEINTELLIGENCE