New LNG vessels decarbonise shipping operations

When it comes to transporting goods across the world, no other mode of transport is as effective or as economical as maritime transport. Data from the International Chamber of Shipping indicates that nearly 11 billion tonnes of cargo are transported by ship each year, making it indispensable to our daily lives.

At the same time, the maritime sector also emits about 940 million tonnes of CO2 annually and is responsible for about 2.5 per cent of the world’s greenhouse gas emissions. The sector is scrambling to rapidly reduce emissions by investing in digital technologies, energy-efficient vessels and clean fuels.

UPM is dependent on shipping too to get its products to its customers across the world, and oftentimes, the company helps transport other non-UPM cargo as well. As the arm responsible for UPM’s global sea transportation and port operations, UPM Logistics has been time chartering nine vessels in Europe to carry out the company’s cargo shipping needs.

“UPM Logistics acts as a carrier in a number of European traffic areas with time charter vessels,” says Lauri Rikala, Director of Global Break Bulk Shipping at UPM. “This means that we lease the vessels and crew on a long-term contract from shipowners and operate the vessels in specific trading areas with operational and economical responsibility. As part of our company’s continuous focus on sustainability, we are constantly on the lookout for different ways and means to improve our fleet’s energy efficiency, while reducing emissions and fuel consumption.”
read more at source: https://www.upm.com/articles/supply-chain/21/new-lng-vessels-decarbonise-shipping-operations/