Shippers call for greener ships

Markets

Friday, October 05, 2012

Three global shippers, representing more than 350 million tons of ocean freight annually, have agreed to limit their ocean charters to only the high-end of fuel-efficient ships. A new agreement between the food giant Cargill, chemical developer Huntsman Corp., and the U.K. oil company UNIPEC shows a resolute approach to reducing carbon emissions on the seas. The companies have agreed to monitor and use the “greenest” possible ships they can find because of concerns that their suppl...

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