Sea Cargo Charter Highlights Measurement Issues for Emissions Reporting

Credits: Marek Piwnicki/Unsplash

The Sea Cargo Charter, a global framework for assessing and disclosing the climate alignment of chartering activities, released its annual report covering 2022, highlighting the disclosure of emissions data from shipping companies’ activities, reports Global Maritime Forum.

Sea Cargo Charter Annual Disclosure Report

The 33 Signatories, which disclose the climate alignment of their chartering activity for 2022, account for more than 17% of total bulk cargo transported by sea over the year. Their average reporting rate has increased since last year to 90%.

It is important to highlight, that it is not possible to compare the scores of individual Signatories to one another for several reasons: Signatories have different portfolios, different ship types and different numbers of voyages. Furthermore, the Signatories have different operational and trade profiles with particular trade characteristics that affect their annual activity alignment.

In this second edition of the Sea Cargo Charter Annual Disclosure Report, the average climate alignment of Signatory companies is at the same level as in 2021 but the variation of data has decreased significantly. This is due to several reasons, including changes carried out to the chemical and liquified gas tanker baselines, as well as trade patterns and better operational efficiency.

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Source: Global Maritime Forum


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