American broker joins the carbon offset rush

Another shipbroker has joined the throng of outlets offering carbon credit services to clients.

America’s Charles R. Weber Company has teamed with climate corporate advisor Bluesource to offer shipping operators carbon credits t. Through this alliance, Charles R. Weber’s clients will have the ability to calculate and offset emissions from their voyages. Projects include improved forest management, landfill gas capture, and hydrofluorocarbon emission reduction or capture from industrial processes.

Christos Papanicolaou, co-managing director of Charles R. Weber, commented: “While carbon offsets are still voluntary for our industry, it is expected that they will play an important role as governing bodies such as the IMO and the EU further refine their plans for greenhouse gas reductions.”

Other shipbrokers that have announced carbon-offsetting services in recent months include Simpson Spence Young, IFCHORBarry Rogliano Salles (BRS) and McQuilling Partners.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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