page 1 energy efficiency healthy, safe & profitable
TRANSCRIPT
Page 1
ENERGY EFFICIENCY
HEALTHY, SAFE & PROFITABLE
Page 2Page 2
ABOUT RIGHTSHIPIndependent company formed in Oct 2001• Houston, Melbourne & London• 260+ customers globally
Ship Vetting & Risk Management• Petroleum & Dry Cargo vetting service • Largest provider of third party vetting service• 3.16b DWT vetted in 2014
Award winning proven system• ISO9001 & ISO27001 certified
Our CSR - Environmental GHG Emissions Rating• IMO MEPC Correspondence Group – Australian Delegation• Shortlisted for Ocean Innovation Challenge (The Economist)
Partnering for Sustainability
Page 3Page 3
• Energy Efficiency
– Healthy
– Profitable
– Safety & Sustainability
TODAY’S DISCUSSION
“Eco Vessels = Healthy / Profitable / Safer Vessels = Lower Risk”
Partnering for Sustainability
Page 4Page 4
How is it Healthy?
How is it $Profitable$?
Why is it Safer?
Partnering for Sustainability
Page 5Page 5
THE LINK . . . GHG TO NOX & DPM TO VOC & OZONE
Shipboard GHG – CO2 produced in
Engines
Collateral production of NOx & DPM
depending on Engine Tier
Complex reaction of NOx
with VOCs in air produces
Ozone in lower atmosphere
Lower level Ozone, NO2 & DPM are directly related to Cancer, breathing difficulty & aggravation of lung infections - NIH
Ozone & NOx = http://www.ncbi.nlm.nih.gov/pubmed/7489804
DPM = http://www.ncbi.nlm.nih.gov/pubmed/22126432
Partnering for Sustainability
DPM = carcinogenic – see International Agency for Research of Cancer
Page 6Page 6
MARKET MOVES FASTER THAN INDUSTRY CAN REGULATE35+ Charterers factor in energy efficiency
— 2+ billion tons of cargo
— 20+% of global shipments
— 25,000 vessel movement per year
7 ship owners publicly endorse GHG emissions rating
Financial Institutions
— ABN Amro, HSH Nordbank, KfW
— Factor vessels’ energy efficiency into underwriting process
Ports incentive programs
— Environmental ratings basis for port fee discounts
— PMV Vancouver, Port Prince Rupert
Partnering for Sustainability
5 ~ 8 % savings of the Gross Freight Bill!
Page 7Page 7
A REPUTED INTERNATIONAL FLAGApr 2014 – Mar 2015 A Rated Vessels G Rated Vessels Full Flag’s Fleet Global Fleet
Vessels 82 25 2,638 73,874
Inspections 128 50 5,744 75,232
Detentions 0 1 64 2,121
Deficiencies 74 98 8,189 172,401
Inspections with Deficiencies 31 23 2,435 39,702
Deficiencies per Inspection 0.58 1.96 1.43 2.29
% Inspections with Deficiencies 24.22% 46.00% 42.39% 52.77%
% Inspections with Detentions 0% 2.00% 1.11% 2.82%
Partnering for Sustainability
Page 8Page 8
CONTEXT OF MARITIME EMISSIONS
UKCanada
GermanyGlobal Fleet
JapanRussia
IndiaUSA
China
0 1 2 3 4 5 6 7 8 9 10
Global Shipping Activity -Among the largest carbon dioxide emitters
Axis TitleEmissions (Gigatons CO2)Data Sources: Third IMO GHG Study (2014), World Bank 2011
Partnering for Sustainability
Page 9Page 9
REDUCING SHIPPING’S GHG EMISSIONS REQUIRES A COLLABORATIVE APPROACH
Partnering for Sustainable Ports
Page 10Page 10
“Transforming the Global Maritime Transport Industry
towards a Low Carbon Future through Improved Energy
Efficiency”
The Global Maritime Energy Efficiency Partnerships Project
(GloMEEP), which aims to support increased uptake and
implementation of energy-efficiency measures for shipping . . .
Mr. Koji Sekimizu . . . .promote energy efficiency and the
reduction of CO2 emissions from ships.
Partnering for Sustainability
Page 11Page 11RightShip - Partnering for Sustainability
“It seems clear to me also that climate change is a problem which can no longer be left to a future generation. When it comes to the care of our common home, we are living at a critical moment of history,” the pope said at a welcoming ceremony.
Page 12Page 12RightShip - Partnering for Sustainability
"We support your call to all world leaders to support . . . . . and to come together to preserve our precious world for future generations."
http://www.reuters.com/article/2015/09/24/us-pope-usa-obama-idUSKCN0RN1IP20150924?mod=related&channelName=domesticNews
Page 13Page 13
• Accelerate industry sustainability by ports, terminals, charterers &
owners working together
• Opportunity to incentivize energy efficiency
• Environmentally Efficient Ship is a Sustainable Ship!
Partnering for Sustainability
“Eco Vessels = Healthy / Profitable / Safer Vessels = Lower Risk”
