Swire Shipping recently released its three point strategy to commit to reducing its GHG footprint of which one of them is a practical demonstration and commitment to fund the low carbon shipping construction Project Cerulean. This project seeks to build the first low-carbon, low-cost sail-assisted inter-island cargo vessel to serve communities in the Pacific that lack cargo handling infrastructure. They plan to sign the building contract for the pilot vessel of this class by the end of June 2021 and to be completed in 12 months if all goes well.

Swire acknowledges that further reductions in their GHG footprint will require more Technical and Operational (T&O) measures for efforts to becomes technically and financially viable, they believe that the upstream development of the necessary global delivery infrastructure for sustainable low or zero carbon fuels will be expedited if Market Based Measures are introduced that more realistically price our sector’s GHG emissions.

“With many communities at risk of disappearing we must take action to drive change. We are committed to reducing our GHG footprint, ultimately to net zero by, and preferably well before, 2050,” said James Woodrow, Managing Director, The China Navigation Company; parent of Swire Shipping. 

Swire Shipping provides several high frequency liner shipping services in the Asia and the Pacific Markets has come out strongly to support communities in which they operate. The Pacific Islands’ Communities are relying on organisations such as ours to provide leadership and to take positive action now.” said Jeremy Sutton, General Manager, Swire Shipping.

China Navigation supports Pacific carbon tax proposal and forges ahead to build low-carbon inter-island cargo vessel.

https://splash247.com/china-nav-comes-out-in-favour-of-marshall-islands-carbon-tax-proposal-readies-first-sail-assisted-newbuild/