SIGLAR insights

The latest on carbon and cost efficient shipping

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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.

How charterers can significantly reduce shipping emissions

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

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.

Emission Schemes

African Sovereign Carbon Initiatives: Countries Under Discussion

A growing number of African countries are in active discussion about introducing their own Sovereign Carbon Initiatives for maritime shipping, following the model pioneered by Djibouti (2023) and Gabon (2025). No schemes are yet in force in these countries, but the commercial direction of travel is clear: more African port calls are likely to carry a carbon cost in the coming years.

Türkiye Shipping Greenhouse Gas Emissions Fee

Türkiye has adopted a shipping-specific greenhouse gas fee intended to apply to greenhouse gas emissions from commercial ships calling at, or departing from, Turkish ports for cargo or passenger operations. The operational details are to be defined in secondary regulation that has not yet been published.

California Ocean Going Vessels At Berth Regulation

The California Ocean Going Vessels At Berth Regulation is a mandatory operational standard for vessels while docked at California ports. The regulation requires vessels, terminals, ports and approved emission control operators to reduce emissions during port stays.

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"We want to help sustainable shipowners achieve higher fleet utilization and improved return on their green investments. "

Geir Olafsen, CDO Siglar
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