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Home » Advanced Emissions Monitoring Could Save Operators More Than $12m Yearly, Study Finds

Advanced Emissions Monitoring Could Save Operators More Than $12m Yearly, Study Finds

January 14, 2014
Maritime Executive

These savings would come from lower operational costs of using automated systems such as fuel flow meters or continuous emissions monitoring, which are already used by many of the world's largest shipping companies.

The cost savings arise from the electronic collection and reporting of data, which doesn't require man-hours, as well as the accuracy and verifiability of the data, which significantly reduces verification costs by third parties.

The report, for T&E by consultancy CE Delft, concludes that these modern monitoring systems also have the potential to enable fuel savings, and therefore lower emissions costs, by a significantly greater extent than the 2 percent CO2 cut claimed by the Commission in its proposal.

The Commission estimates that CO2 emissions from ships sailing in European waters amounted to 180 million tonnes in 2010. If these emissions were reported as a country, maritime transport would be Europe's 8th-largest emitter.

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KEYWORDS Global Logistics Global Supply Chain Management Logistics logistics & supply chain Logistics Management: Ocean Transportation Maritime Executive Ocean Transportation Regulation & Compliance Supply Chain Analysis & Consulting sustainability sustainable supply chain Technology Transportation & Distribution Transportation Management
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