Shipping industry trying to go green

Shipping looks to clean up its act

Shipping industry trying to go green

STORY HIGHLIGHTS Shipping accounts for around 3% global CO2 emissions, according to IMO Industry facing tough financial times and high fuel prices Cost cutting measures provide opportunities to reduce emissions Singapore (CNN) -- At nearly the length of four football pitches, the container ship Eugen Maersk takes some stopping when traveling at full speed -- around 7 kilometers (4.3 miles) before it can come to a complete halt. It can also burn through 250 tons of highly polluting bunker fuel each day when at sea, but while berthed in Singapore last month the ship was trying its best to keep a low profile, at least in terms of its impact on the environment. The 397-meter long vessel was running on a low-sulfur fuel while in port, something its owners say reduces toxic sulfur dioxide emissions by 85%. Financially, the shipping industry is in the doldrums, suffering from ove...

Full article: http://edition.cnn.com/2012/12/17/business/eco-green-ship...

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