Carbon emissions index
The solution, said to be the first of its kind, tracks and compares carbon emissions of ocean carriers across 13 key global trade lanes.
“Transparency is the key to unlocking enhanced value, business performance and trust in the ocean freight segment – and environmental standards are a key part of that,” said Xeneta chief executive and co-founder Patrik Berglund.
“This unique data set supports what Xeneta has already achieved in the rates arena, shining a spotlight of truth on carrier carbon emissions and assisting our customers as they push towards more sustainable freight buying and selling processes.”
The data is based on information from a carrier’s sailings—sourced through AIS tracking by Marine Benchmark—and includes changes in speed, cargo load, time steaming and congestion shown by time spent at anchorages.
“It’s incredibly rewarding to see the marine analytics we work so hard to build and ensure the quality of being used in such an innovative, impactful way,” said Borje Berneblad, senior analyst and head of development at Marine Benchmark. “The sustainability benefits that this level of transparency will have on the industry is a shining example of the power of data.”
Ahead of the launch, the CEI was tested by some of Xeneta’s customers with one reporting ‘what I’ve seen [in the CEI] allows me to give green carriers credit for tender. I think Xeneta can have a positive impact on the world with this data – the conversations with stakeholders about the data will lift this forward.’