Current:Home > MyShipping Group Leaps Into Europe’s Top 10 Polluters List -TradeWisdom
Shipping Group Leaps Into Europe’s Top 10 Polluters List
View
Date:2025-04-16 04:57:15
ICN occasionally publishes Financial Times articles to bring you more international climate reporting.
A ranking of the top 10 corporate polluters in Europe includes a shipping group for the first time, in a sign of how some emissions-heavy industries are escaping the environmental clampdown imposed on others.
Vessels operated by Mediterranean Shipping Company, the continent’s largest, emitted 11 million tonnes of carbon dioxide last year on journeys to, from or within the European Union, according to analysis of EU data by Transport & Environment, a non-governmental organization.
That made Swiss-headquartered MSC Europe’s eighth-worst polluting company, breaking into a list that was until recently the exclusive preserve of coal-fired power stations. It is only the second company not in that sector to break into the top 10, following Irish airline Ryanair’s inclusion earlier this year.
Shipping is among the only industries not covered by the Paris climate agreement, and although the UN industry body the International Maritime Organization has set a goal of halving its emissions by 2050, few immediate steps have been taken to reach that goal.
“Almost everything we touch has been on a ship,” said Faig Abbasov, shipping manager at Transport & Environment. “All those things have a huge environmental footprint—an invisible element in the supply chain that has a huge impact on the environment.”
MSC’s 362 Europe-operating ships are responsible for 25 percent of the continent’s container ship carbon emissions, ahead of second-placed Maersk, which has 335 ships and a carbon output of 8.22 million tonnes.
The broader European shipping industry, including passenger and bulk cargo vessels, produced 139 million tonnes of CO2 in 2018, and emissions in the sector are 19 percent higher than in 1990, according to Transport & Environment.
Expansion Fueled by Global Trade
Global trade growth has fuelled the expansion of container shipping, according to International Transport Forum, a think tank which estimates the sector has tripled in size since 2000 and faces demand growth at the same rate over the next 30 years.
While other modes of transport are subject to emissions regulations, shipping has so far escaped any serious limits.
Abbasov said the fact that the sector’s operations were largely out of sight had protected it from public scrutiny and political action.
MSC Says It Has a ‘Green Fleet’
MSC said it was investing in improvements to the sustainability of its fleet that had resulted in a 13 percent reduction in CO2 emissions per unit of transport work.
While it emits more carbon in total than any other European shipping company, it was among the most energy efficient, emitting 19.92 grams of CO2 for each tonne of cargo per nautical mile. The most efficient carrier, China’s Cosco, emitted 13.25 grams per tonne per nautical mile, while the 10th least efficient produced 43.05 grams.
“MSC operates a modern, green fleet and is investing heavily in low-carbon technologies and extensive new-build and retrofit programmes to boost performance and minimise our environmental impact,” the company said.
It also announced this weekend that it would start using a biofuels blend in vessels calling at Rotterdam, which it said would further reduce its emissions.
© The Financial Times Limited 2019. All Rights Reserved. Not to be further redistributed, copied or modified in any way.
veryGood! (9448)
Related
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- We Bet You Don't Know These Stars' Real Names
- Health department medical detectives find 84% of U.S. maternal deaths are preventable
- Annie Murphy Shares the Must-Haves She Can’t Live Without, Including an $8 Must-Have
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Book by mom of six puts onus on men to stop unwanted pregnancies
- A woman struggling with early-onset Alzheimer's got a moment of grace while shopping
- A town employee quietly lowered the fluoride in water for years
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Families fear a ban on gender affirming care in the wake of harassment of clinics
Ranking
- Buckingham Palace staff under investigation for 'bar brawl'
- Europe Saw a Spike in Extreme Weather Over Past 5 Years, Science Academies Say
- Sea Level Rise Threatens to Wipe Out West Coast Wetlands
- Blake Lively's Trainer Wants You to Sleep More and Not Count Calories (Yes, Really)
- In ‘Nickel Boys,’ striving for a new way to see
- Is it safe to work and commute outside? What experts advise as wildfire smoke stifles East Coast.
- The fearless midwives of Pakistan: In the face of floods, they do not give up
- Wildfire smoke impacts more than our health — it also costs workers over $100B a year. Here's why.
Recommendation
Highlights from Trump’s interview with Time magazine
What Will Be the Health Impact of 100+ Days of Exposure to California’s Methane Leak?
Get $200 Worth of Peter Thomas Roth Anti-Aging Skincare for Just $38
Supreme Court sides with Jack Daniels in trademark fight over poop-themed dog toy
New Zealand official reverses visa refusal for US conservative influencer Candace Owens
Picking a good health insurance plan can be confusing. Here's what to keep in mind
Princess Charlotte and Prince George Make Adorable Appearance at King Charles III's Coronation Concert
El Niño is officially here and could lead to new records, NOAA says