Rerouted shipping via Cape of Good Hope raises emissions, with a modest immediate EUA demand impact. Read the latest IG Sustainability short report analysing costs, risk, and environmental implications.
Transparency is key to reducing emissions.
Our powerful web-based carbon tracking, reporting and estimating tool provides precise real-time monitoring and highly accurate predictions on vessels’ operational greenhouse gas emissions. The system uses artificial intelligence and machine learning to enhance and amplify emissions data. The easy to use platform allows users to stay on top of and manage their exposure to emissions.
Working towards a zero-carbon maritime industry
As COP28 calls for fossil fuel abandonment, the shift to green fuels necessitates substantial financial investment and cross-industry collaboration for effective decarbonisation. The EU-ETS, now live and counting, offers a framework for impactful maritime sector transformation.
MCS, a joint venture between IFCHOR GALBRAITHS and OrbitMI, utilizes an Emissions Estimator tool, powered by AI and voyage data that provides real-time CO2 predictions, supporting shipowners in EU ETS preparation and compliance.