Dry CargoEnvironmentEurope

KCC and South32 conclude first sustainability-linked contract of affreightment

KCC Chartering, a subsidiary of Klaveness Combination Carriers (KCC), and South32 Marketing, a subsidiary of miner South32, have signed a six-year contract of affreightment for shipments of caustic soda to South32’s Worsley alumina refinery located in Western Australia. The COA establishes a framework for how KCC and South32 will work together to deliver further reductions in carbon emissions associated with South32’s caustic soda ocean freight to Australia.

The agreed sustainability framework includes detailed CO2 emission reporting and the establishing of trajectories for annual CO2 reductions targets, and arrangements for how to co-operate to reach the set targets. It further includes an ambition to jointly establish a pathway towards future zero emission freight.

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.
Back to top button