COP-out: 'one of the most chaotic in recent memory' draws to a close
Distressing news: what began as a platform for a fruitful and productive global discussion has ...
UPS: MULTI-MILLION PENALTY FOR UNFAIR EARNINGS DISCLOSUREWTC: PUNISHEDVW: UNDER PRESSUREKNIN: APAC LEADERSHIP WATCHZIM: TAKING PROFITPEP: MINOR HOLDINGS CONSOLIDATIONDHL: GREEN DEALBA: WIND OF CHANGEMAERSK: BULLISH CALLXPO: HEDGE FUNDS ENGINEF: CHOPPING BOARDWTC: NEW RECORDZIM: BALANCE SHEET IN CHECKZIM: SURGING
UPS: MULTI-MILLION PENALTY FOR UNFAIR EARNINGS DISCLOSUREWTC: PUNISHEDVW: UNDER PRESSUREKNIN: APAC LEADERSHIP WATCHZIM: TAKING PROFITPEP: MINOR HOLDINGS CONSOLIDATIONDHL: GREEN DEALBA: WIND OF CHANGEMAERSK: BULLISH CALLXPO: HEDGE FUNDS ENGINEF: CHOPPING BOARDWTC: NEW RECORDZIM: BALANCE SHEET IN CHECKZIM: SURGING
Anyone using shipping line carbon calculators should think again, according to research by Sea Intelligence, because the majority of them are “useless”.
“They are riddled with absurdly poor data quality,” said the consultancy, pointing in particular to sailing distances, which vary wildly. It also revealed that while OOCL’s calculator shows emissions of 96.84 tons of CO2, CMA CGM – on the same route, with the same ship – emits just 56.80 tons. In a post on LinkedIn, Lars Jensen wrote: “No one should use them as basis for decision making, and no one should believe that they can be used for any kind of environmental comparison across carriers.”
In the consultancy’s Sunday Spotlight research, it concluded: “We were sincerely hoping we could point to at least a single shining light in this decrepit miasma of disappointment, but we believe everyone has failed here; there are no winners.” The story is bought to you by Splash24/7.
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