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The latest on carbon and cost efficient shipping

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A new best practice on documenting shipping decarbonisation efforts

Decarbonisation goals are often vague, with no concrete action plan nor plans to document the amount of emissions reduced. North Sea Container Line and carbon analytics company Siglar Carbon have signed an agreement that can make a change and provide the shipping industry with a best practise. 

How a CII approach to chartering might increase emissions and cost

To help our customers cut through the complexity of the Carbon Intensity Indicator (CII), Siglar has developed the voyage CII. When we compare a voyage’s CII rating with the voyage's total emissions, a pattern emerges: chartering decisions based solely on CII can actually drive emissions and costs. In this article, we break down why that happens and walk through common voyage scenarios that illustrate the impact.

Key outcomes of IMO MEPC79

The IMO 79th Marine Environment Protection Committee meeting took place this month and discussions around the reduction of GHG emissions from ships took centre stage.

Emission Schemes

EU Emissions Trading System

The EU Emissions Trading System (EU ETS) is the European Union’s carbon pricing mechanism, and since 2024 it has included maritime transport. It places a cost on greenhouse gas emissions from ships by requiring companies to monitor emissions (under EU MRV) and surrender tradable emission allowances.

UK Emissions Trading System

The UK Emissions Trading Scheme (UK ETS) is the United Kingdom’s carbon pricing mechanism. It operates as a cap-and-trade system that places a cost on greenhouse gas emissions by requiring operators to surrender tradable emission allowances corresponding to their verified emissions.

Gabon Sovereign Carbon Initiative

The Governments of Djibouti and Gabon have introduced sovereign carbon registry frameworks that apply a carbon cost to qualifying ship movements to and from their ports.

Customer Q & A

LinkedIn posts

Webinars

Media mentions

Podcasts

"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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