SeaCargo Charter

General

Name of initiative SeaCargo Charter
LPAA initiative No
NAZCA Initiative No
Website address www.seacargocharter.org
Related initiatives
Starting year 2020
End year
Secretariat At Maersk

Amaliegade 33 B, 3rd floor 1256 Copenhagen K Denmark

Organisational structure The Sea Cargo Charter was developed in an effort spearheaded by a diverse group of cargo owners – Anglo American, Cargill, Dow, Total, Trafigura – and shipowners – Euronav, Norden, Stena Bulk – in collaboration with Stephenson Harwood and with expert support provided by the Global Maritime Forum, UMAS and Smart Freight Centre.
Geographical coverage Global
Name of lead organisation SeaCargo Charter
Type of lead organisation Business
Location/Nationality of lead organisation Denmark

Description

Description The Sea Cargo Charter is a global framework for assessing and disclosing the climate alignment of chartering activities. It establishes a common, global baseline to quantitatively assess and disclose whether chartering activities are in line with adopted climate goals. Thus, it also serves as an important tool to support responsible decision-making.
Objectives The Sea Cargo Charter is consistent with the policies and ambitions of the International Maritime Organization, a UN agency responsible for regulating shipping globally, including its ambition for GHG emissions to peak as soon as possible and to reduce the total annual GHG emissions by at least 50% by 2050 compared to 2008.
Activities Currently, 29 charterers are Signatories to the Sea Cargo Charter. Signatories are bulk cargo owners from a variety of segments – grains & agricultural products, chemicals, energy, metals & mining -, commodity traders and shipowners who have an interest in advancing good environmental stewardship through their business activities.

Starting from 1 January 2022, vessels under 5000 GT are also included.

One or two success stories achieved

Monitoring and Impacts

Sustainable Development Impact:
E SDG goals icons-individual-rgb-13.png  
Function of initiative
Activity of initiative
Indicators
Goals Climate alignment is defined as the degree to which voyage carbon intensity of a vessel category is in line with a decarbonization trajectory that meets the IMO ambition of reducing total annual GHG emissions by at least 50% by 2050 based on 2008 levels.
Comments on indicators and goals
How will goals be achieved
Have you changed or strenghtened your goals
Progress towards the goals
How are you tracking progress of your initiative
Available reporting

Participants

Participants Number Names
Members 31  
Companies 31 ADM (USA),AMMAGI (Switzerland),Anglo American (USA),Bunge (USA),Cargill (USA),Chevron (USA),COFCO (China),Copenhagen Commercial Platform - CCP (Denmark),Diamond Bulk Carriers (Singapore),DOW (USA),Eagle Bulk (USA),Enviva (USA),Equinor (Norway),Global Chartering (Mauritius),Gunvor Group (Switzerland),Holcim Trading (Switzerland),K+S Minerals and Agriculture (Germany),Klaveness Combination Carriers (Norway),Louis Dreyfus Company (France),Maersk Tankers (Denmark),Navig8 Group (United K.),Norden (Denmark),Nova Marine Carriers (Switzerland),NYK Bulkship (Belgium),Rubis Energie (France),Shell (United K.),Tata Steel (India),Torvald Klaveness (Norway),TotalEnergies (USA),Trafigura (Singapore),Viterra Chartering (Netherlands).
Business organisations 0
Research and educational organisations 0
Non-governmental organisations 0
National states 0
Governmental actors 0
Regional / state / county actors 0
City / municipal actors 0
Intergovernmental organisations 0
Financial Institutions 0
Faith based organisations 0
Other members 0
Supporting partners 0
Number of members in the years
Have only national states as participators No


Theme

Transport Agriculture Forestry Business Financial institutions Buildings Industry Waste Cities and subnational governments Short Term Pollutants International maritime transport Energy Supply Fluorinated gases Energy efficiency Renewable energy Supply chain emission reductions Adaptation Other Resilience Innovation Energy Access and Efficiency Private Finance
No No No No No No No No No No No No No No No No No No No No No No
Last update: 28 April 2022 11:59:45

Not only have national states as participators