Tanker and dry bulk market participants are now able to assess the CO2 impact when chartering ships optimally positioned for their cargo, thanks to a new update on the Signal Ocean platform.
The service is used by shipowners, traders, and oil majors who control around half of the world’s crude oil spot tonnage and cargoes to support their chartering decisions. The upgrade provides an independent estimate of CO2 emissions alongside Time Charter Equivalent (TCE) ratings.
The calculation takes into...