KCC’s first Sea Cargo Charter reporting -delivering on an important sustainability commitment
Image: Combination Carrier MV Barramundi in Newcastle, Australia in 2021
Oslo, 15 June 2022: Klaveness Combination Carriers ASA (“KCC”), delivered today its first Sea Cargo Charter reporting for 2021, honouring its commitment to measure and publicly disclose emissions data from our shipping activities.
- This is the first SCC reporting since the establishment of the initiative in October 2020. It is an important milestone for us, and the shipping industry. The reporting reveals the need to work across the industry to deliver large cuts in carbon emission over the coming years through improvements in trading, operational and energy efficiency. Our participation in SCC is an important inspiration for us to reach our decarbonization targets. We are pleased to see that more and more cargo owners and shipowners have joined as signatories to SCC, establishing SCC as the reference for decarbonization in dry bulk and tanker industry, says CEO Engebret Dahm.
Together with some of the world`s leading operators, KCC was one of the founding signatories of the Sea Cargo Charter initiative. The Sea Cargo Charter Annual Disclosure Report 2022 reveals the climate alignment scores of 25 industry players and provides insight into the maritime industry’s current state of progress towards IMO’s goal of reducing shipping emissions by at least 50% by 2050.
The annual climate alignment score of KCC comes in at 3.3% above the trajectory for bulk carriers. The reported climate alignment includes the performance of both KCC’s combination carriers and chartered-in standard dry bulk vessels. KCC recognizes the substantial improvement potential for the performance of KCC’s owned vessels going forward. However, the bulk carrier trajectory, currently used for combination carriers, is not fully suitable for KCCs combination carriers, being both tankers and dry bulk vessels.
Learn more about the Sea Cargo Charter Annual Disclosure Report 2022 here.
Contact
Engebret Dahm, CEO
Telephone: +47 957 46 851
Klaveness Combination Carriers ASA
KCC is the world leader in combination carriers, owning and operating eight CABU and eight CLEANBU combination carriers. KCC’s combination carriers are built for transportation of both wet and dry bulk cargoes, being operated in trades where the vessels efficiently combine dry and wet cargoes with minimum ballast. Through their high utilization and efficiency, the vessels emit up to 40% less CO2 per transported ton compared to standard tanker and dry bulk vessels in current and targeted combination trading patterns.
About the Sea Cargo Charter
The Sea Cargo Charter is a framework for measuring and reporting the alignment of ship charterers’ activities with climate goals. Recognizing charterers’ role in promoting responsible environmental stewardship throughout the maritime value chain, the Sea Cargo Charter provides them with the tools to foster collaboration with shipping business partners, gain insight to enhance strategic decision-making, and address the impacts of climate change.
The Sea Cargo Charter is built on four principles – Assessment of climate alignment, Accountability, Enforcement, and Transparency – which it shares with the Poseidon Principles for Financial Institutions and the Poseidon Principles for Marine Insurance. Established under the auspices of the Global Maritime Forum, the three initiatives aim to increase the transparency of environmental impacts within global seaborne trade, promote industry-wide change, and support a better future for the industry and society.
