Lloyd’s List Intelligence And Siglar Carbon Partner To Enhance Maritime Emissions Insights

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Mfame Editor
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Lloyd’s List Intelligence (LLI) and Siglar Carbon have announced a strategic partnership aimed at improving emissions performance awareness in the maritime industry. The collaboration focuses on aligning vessel emissions data with the requirements of the EU Emissions Trading System (EU ETS) and Fuel EU market frameworks, addressing the growing need for sustainability and regulatory compliance in global shipping.

Partnership Highlights

  1. Combining Expertise:
    • LLI contributes its comprehensive maritime data, risk, compliance, insurance, and legal solutions to the partnership.
    • Siglar Carbon brings its expertise in emissions analytics and sustainable chartering strategies, providing insights for reducing GHG emissions.
  2. Integrated Solutions:
    • The partnership will integrate Siglar Carbon’s emissions insights into LLI’s ‘Seasearcher’ platform, offering users a detailed view of:
      • Vessel emissions performance
      • Fuel consumption metrics
      • Operational efficiency data
  3. Mutual Benefits:
    • Siglar Carbon gains access to LLI’s market-leading AIS data and comprehensive vessel specifications, enhancing its emissions models and management tools.
    • LLI expands its service offerings by leveraging Siglar’s advanced analytics, enabling users to navigate shipping’s environmental challenges effectively.
  4. Support for Decarbonization:
    • The partnership aims to help key maritime stakeholders—such as insurers, financiers, charterers, and service providers—make more informed decisions to mitigate environmental impacts.

Statements from Leadership

  • Michael Dell, CEO of LLI:
    “This partnership is a significant milestone in enabling stronger awareness of GHG emissions exposure and efficiency across the shipping sector, driving better decision-making in a complex global market.”
  • Sigmund Kyvik, CEO of Siglar Carbon:
    “Working with an organization of Lloyd’s List Intelligence’s pedigree allows us to strengthen our emissions insights and provide actionable solutions to decision-makers in commercial shipping.”

Implications for the Industry

This collaboration is expected to accelerate the maritime sector’s transition to a low-carbon future by:

  • Enhancing the transparency and accountability of emissions performance.
  • Supporting compliance with emerging regulations like the EU ETS.
  • Enabling sustainable operational practices and chartering decisions.

By integrating emissions analytics with comprehensive maritime data, LLI and Siglar Carbon are setting a new standard for emissions management in the maritime ecosystem, contributing to a more sustainable global shipping industry.

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Source: Lloyd’s List Intelligence