Alternative Profits Blog
Green Shipping - Opportunities, Trends and Challenges
Green shipping refers to ship transportation that is characterized by an emphasis on environment friendly operational practices and significant use of renewable resources.Market Need
A marine transport mechanism that is more eco-friendly and sustainable
Trends
• Climate Counts, which publishes a yearly ranking that measures how effectively shipping companies address global warming through their business practices said that annual climate scorecard for shipping companies shows widespread improvement DHL was the leader again in 2008 with a score of 67 points, followed by FedEx with 53 points, the U.S. Postal Service with 50 points and UPS at 40 points.
• In Europe, demand from shipping accounts for about 40 percent of the 90 million metric ton a year fuel oil market, and this segment is increasingly becoming more environment conscious. (2009).









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