2020-11-30 10:03:03, , Business Green

Content Categorization
/Business & Industrial/Business Operations
/Business & Industrial/Transportation & Logistics/Freight & Trucking

Word Count:
476

Words/Sentence:
40

Reading Time:
4.76 min

Reading Quality:
Advanced

Readability:
16th or higher

Media Sentiment
Proprietary sentiment analysis on both the headline and body text of the article. Sentiment scores range from -1 (very negative sentiment) to 1 (very positive sentiment).
RCS Analysis
Relative scoring for Risk, Crisis, and Security language within the article.
Risk Score
Scoring based on the composite risk, security and crisis language within an article compared to a baseline of historic analysis across thousands of diverse articles.
PESTEL Scope
Analysis of article orientation across the PESTEL macro-environmental analysis framework. Learn more about PESTEL.
Entity Word Cloud
Key people, places, organizations and events referenced in the article, weighted by frequency and colored based on contextual sentiment.
Auto Summary
Condensing key features of the article based on salience analysis. Helpful for “gisting” the article in a time crunch.

A new tool promises to help firms cut emissions from their supply chains and shippers maximise their contribution to tackling the climate crisis by choosing shipping services that emit the least CO2.

Named Searoutes and designed by a French start-up, the system uses actual route data and vessel characteristics obtained from Automated Identification Systems (AIS) data to calculate CO2 emissions of different carriers.

However, the international rules developed under the auspices of the International Maritime Organisation have been routinely condemned by environment campaigers who argue they are badly underpowered and will have a negligible impact on the sector's emissions over the coming decade.

Designed by French start-up Searoutes, new tool uses route data and vessel characteristics to calculate CO2 emissions

Not only in economic and commercial terms, but also in environmental terms."

"This is a particularly important challenge for maritime transport, which is estimated to account for between 80 and 90% of world merchandise trade," Garreau added.

Using more granular data, Searoutes enables shippers to choose the service and carrier that will emit the least CO2, it claims.

A number of firms, including CEVA Logistics and Buvco, are already using the firm's platforms to calculate their customers' CO2 emissions.

"The growing stakes of CO2, a strategic imperative for CEVA Logistics and the CMA CGM Group, lead us to be ever more agile.

Keywords
Green Deal, Net zero shipping, International Transport Forum, Searoutes, Paris Agreement, Freight transportation, shipping, freight, CEVA Logistics, European Green Deal, Shipping

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