Shipping companies like Delos Shipping are making a valiant effort to reduce their carbon footprint. Petroleum-powered and battery-powered ships are becoming more popular as a replacement for traditional coal ships. Financial investments also play a role in lower carbon emissions. For more information, visit delosshipping.com.
FOR IMMEDIATE RELEASE
Dallas, TX, January 19, 2021- Brian Ladin, the founder of Delos Shipping, explains how his company is making an effort to reduce its carbon footprint.
In the past, ships were fueled by coal, which caused air pollution thus making them more hazardous than land-based transportation. These new petroleum powered and battery powered vessels have a ton of benefits and have helped to protect the environment.
“Petroleum was more efficient, released fewer toxins into the air, powered larger vessels, and was far easier to resupply to ships at sea,” says Brian Ladin. “Petroleum has allowed shipping to remain one of the largest trading resources in the world, transporting approximately 80% of the world’s commodities.”
The International Maritime Organization and the United Nations have set forth regulations that mandate the levels of toxins that are emitted from these larger vessels. The battery-powered ships would accommodate the new regulations on emissions.
More and more companies are considering this transition from petrol to electricity though they are still facing challenges like making the batteries last and being able to recharge them while at sea.
“Japan, for example, is set to launch their first emission-free, electric cargo ship by 2021,” says Ladin. “The ship will run off electricity stored in massive batteries. Other ship manufacturers are joining the fray for battery-powered vessels, including Kongsberg Gruppen ASA (Norway) and Rolls-Royce Holdings Plc (England).”
In addition to the switch to petroleum, battery, and hybrid systems, these companies are making a promise to low carbon emissions.
“For the amount of carbon emissions that a company’s shipping produces, that company will invest financial resources (credits) in projects that reduce an equal amount of greenhouse gases, thus offsetting those carbon emissions,” says Ladin. “In effect, Delos Shipping’s (and other companies) efforts to purchase carbon offset credits essentially cancels out the company’s carbon emissions. The end result is that the company becomes carbon neutral.”
This, however, is not the only thing that Brian Ladin is doing to make a difference in lowering the amount of carbon emissions into the atmosphere. By 2050, he would like to see these greenhouse gas emissions cut in half. Designs for pure electric ships and hybrids are already in the works.
For more information, visit delosshipping.com.
About Delos Shipping: Delos Shipping provides end users of shipping assets with well-priced capital via leases, bareboat charters, or time charters, empowering them to leverage their capital base and to expand their business by leveraging our ample balance sheet and industry knowledge. As a result, Delos gets stakeholders superior returns by providing this broad and steady platform, performing extensive due diligence for them, and studying shipping market cycles and the global economy to execute against projected returns.
Delos seeks to invest the capital of its principals and its partners into the shipping industry. Delos uses its extensive experience in the shipping industry, including building and selling a fleet of 52 vessels, to identify the appropriate acquisition candidates.