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Maersk cruises past CO2 target eight years ahead of schedule

January 29, 2013

Maersk cruises past CO2 target eight years ahead of schedule

Maersk Line, the world’s largest shipping company, has reached its 2020 target of reducing CO2 emissions by 25 percent from its benchmark 2007 levels.

“We are proud to hit this mark eight years ahead of schedule. It is confirmation we’re on the right track, and to keep that momentum we’re raising the target to 40 percent reduction in CO2 by 2020,” said Morten Engelstoft, Chief Operating Officer, Maersk Line. “We reached this target largely from a combination of operational efficiency, network and voyage optimization, slow streaming and technical innovation. We will hit the 40 percet target with more of the same.”

It is estimated that shipping carries 90 percent of globally traded goods. While shipping is by far the most energy efficient way to transport cargo long distances, the contribution of CO2 to the atmosphere is 3-4 percent of the global annual total.

Read more at CleanBizAsia.

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