Promoting Sustainability

Page 2

RightShip is an innovative organization with a

social conscience, best known for our work on

maritime safety.

We also have a growing reputation for our work in

environmental sustainability.

About RightShip…

Promoting Sustainability - NAMEPA Feb 2017

Page 3

Leading example of…

• Public / private partnership

• Birthplace of maritime innovation

• Beacon for all ports

Texas maritime cluster…

Promoting Sustainability - NAMEPA Feb 2017

Not in my backyard…

SHIPPING’S GROWING EMISSIONS PROBLEM

Page 6

Chin a

U S A

I ndi a

Russi a

Japa n

G lobal F lee t

G erman y

Canad a

Uni t ed K ingdo m

Emissions 0 2 4 6 8 10 (Gigatons CO2)

Global Shipping Activity –

Among the largest carbon dioxide emitters

Context of Maritime Emissions

Promoting Sustainability - NAMEPA Feb 2017

Page 7

Chartering customers

– 47 charterers factor in energy efficiency

– 1 in 5 vessels selected for charter

– 2 billon tonnes of goods

– 26,000 annual vessel movements

Shipowners

Banks & Insurance

Ports

Regulation vs. Market Measures

Promoting Sustainability - NAMEPA Feb 2017

Page 8

• Individual vessel energy efficiency rating

• Easy-to-interpret European A-G Rating

• Applies to all ship types and sizes

• Compares vessel design characteristics on like-

for-like basis

• Based on industry standard (e.g. IMO EEDI)

GHG Emissions Rating Summary

Promoting Sustainability - NAMEPA Feb 2017

Does it pay to be green?

Page 10

Single Voyage and Long Term Time Chartered vessel

• AIS tracking (satellite) utilized

• Origin and destination of journey

• Speed and distance

‘Replaced’ vessel

• Design particulars

• Estimate journey

Methodology: ~3rd GHG Study

Fuel consumption: CO2 emissions

Promoting Sustainability - NAMEPA Feb 2017

Page 11

Case-by-case assessment

• 247 cases assessed

• 136 cases suitable for comparison

Fuel Consumption and CO2 Savings

• Majority of individual cases achieved savings

• Charter party key factor:

– Size / utilization

– Speed (design speed)

Average saving: 5.2 – 8.6%

Promoting Sustainability - NAMEPA Feb 2017

Shipmap.org

Page 12

“Explicitly considering fuel

efficiency in chartering

decisions offers significant

fuel, financial, and emissions

savings”

Conclusion

Promoting Sustainability - NAMEPA Feb 2017

Page 13

Sustainable Vessel Selection Pays

Partnering for Sustainable Ports

Page 14 Page 14

GHG Emissions rating

Robust Methodology: DNV GL reviewed

Easy to use, understand

Corporate Social Responsibility, transparency

Reduces CO2 & associated emissions

Cheaper to run: Tyndall research

Free of charge: www.shippingefficiency.org

Partnering for Sustainable Ports

PORT INCENTIVE PROGRAM

Page 16 Page 16

Partnering for Sustainable Ports

How DOES THE PROGRAM work?

Vessel Verifies data & agent applies for discount

Port verifies eligibility from RightShip Database

Port issues incentive

Port determines incentive program to reward energy efficient vessels

1

2

3

Page 17 Page 17

Port Incentive Program – 6 Step RoadMap

1 • Initial engagement with ports to scope will and capability to offer incentives

2 • Overview of structure and benefits within a environmental incentive program

3 • Benchmark historical vessel arrivals to estimate potential cost implications for the

port incentive program

4 • Port internal approval process – determine structure of incentive program

including cost, administration, communications and operational requirements

5 • Develop a joint media plan and schedule for press release

6 • Implement environmental incentive program, including ongoing monitoring and

program reviews

Partnering for Sustainable Ports

Page 18

Port Metro Vancouver: Eco Action

• Bronze – 23% reduction

• Silver – 35%

• Gold – 47%

Prince Rupert Port Authority: Green Wave

• Tier 1 - 10% reduction

• Tier 2 - 20%

• Tier 3 - 50%

Typical programs

Promoting Sustainability - NAMEPA Feb 2017

Page 19 Page 19 A typical program Partnering for Sustainable Ports

Page 20 Page 20 A typical program Partnering for Sustainable Ports

Page 21

Key benefits for ports

• Reduced emissions in port and the entire journey

• Increase cargo volumes – reduce CO2 emissions

• Monitor and track emissions per call

• Public image / stakeholder relations

• Health benefits

Partnering for change

Promoting Sustainability - NAMEPA Feb 2017

GOOGLE IMPACT CHALLENGE

Page 23

Partnerships & Innovation

Promoting Sustainability - NAMEPA Feb 2017

Maritime Emissions Portal (MEP)

• Google Australia & AUSMEPA

• Seed funding from Google.org

• Anticipate 2 years in development & trial

• Implementing with AUSMEPA / MEPA network

Page 24

Maritime Emissions Portal

Promoting Sustainability - NAMEPA Feb 2017

Ship-sourced emissions: CO2 SOX NOX PM

1. Satellite / terrestrial AIS data

2. GHG Rating

3. Criteria Air Pollutant Estimations

Produce the first interactive overview of ship emissions

Provide benchmark emissions & a baseline for evaluating

improvement

THANK YOU

environment@rightship.com @RightShip_

RightShip