- About us
- IBJ Awards
- Free Sample
- Contact us
Panama’s green enhancements
(Posted on 23/05/19)
The Panama Canal Authority has announced enhancements to its industry-leading Green Connection Environmental Recognition Programme. The award-winning initiative encourages the shipping industry to mitigate the environmental impact of their operations through an incentive-based system that includes the Green Connection Award, the Environmental Premium Ranking and the Emissions Calculator.
Starting in September 2019, the Emissions Calculator will feature georeferenced data to improve the quality and precision of the carbon emissions data of vessels transiting the Canal. The tool aims to give customers - and the Canal - clear insight into their carbon footprint to incentivize environmental stewardship and reduce greenhouse gases (GHG).
The Environmental Premium Ranking will factor in the use of low-carbon fuels and environmentally conscious transit operations starting mid-September. This ranking affords customers with high environmental efficiency standards the opportunity to improve their position within the Panama Canal's Customer Ranking System.
The Canal will also bring about updates to other carbon-reduction and watershed conservation initiatives. The Environmental Economic Incentives Program, which allows local communities in the watershed region to engage in reforestation, environmental education and economic incentive programs to improve their quality of life, will start the second phase of its aggressive reforestation efforts in the second half of 2019. The program's goal is to reach more than 4,000 reforested hectares within the next five years. Additionally, the Panama Canal will commission a study to quantify and analyse the environmental and wildlife conservation benefits of the Panama Traffic Separation Scheme (TSS) approved in 2014 by the IMO aimed at protecting whales from ship collisions…
The shipping industry must help seafarers now to prevent a mental health catastrophe – that&rsquo... Read more
China Classification Society (CCS) and China COSCO Shipping Group Co. Ltd have signed a new agreement... Read more
Maturity and innovation have proved a winning combination as the world’s most technologically... Read more
Costamare Inc. has announced the acquisition of 16 dry bulk vessels of between 33,000 and 85,000 DWT... Read more
Inmarsat, the world leader in global, mobile satellite communications, has been pivotal in connecting... Read more
Leading Classification Society ClassNK granted an Approval in Principle (AiP) based on its Rule Part... Read more
Nigeria has announced a significant investment in military and law enforcement infrastructure to secure... Read more
Industry players have set up a “Joint Study” framework for studying common issues on ammonia... Read more
Trafigura Pte Ltd, one of the world’s leading independent commodity trading companies, and Yara... Read more
As the world slowly recovers from the restrictions of the Coronavirus pandemic and begins to look ahead... Read more