Japanese shipping company Ocean Network Express has launched an “eco-calculator” to help customers measure the full life cycle of carbon dioxide (CO2) emissions from cargo transportation.
The ONE Eco Calculator provides the total distance and total CO2 emissions from the point of receipt to the point of delivery, including the locations of the doors. CO2 emissions are measured as either Tank-to-Wake (TTW), a measure of emissions from the combustion of fuel that has been stored in a tank, or Well-to-Wake (WTW), a measure of emissions from fuel production and delivery, expressed , and use on board ships.
The calculator will help customers manage their own freight emissions across all modes of transport.
“As we strive to decarbonize, ONE is on a continuous path to encourage stakeholder participation,” said Koshiro Wake, Senior Vice President of Corporate Strategy & Sustainability Department, Ocean Network Express (ONE). “Therefore, the ONE Eco Calculator was not only developed for ourselves, but also for like-minded players and customers who are looking for sustainable transport solutions and want to manage their own freight emissions.”
As part of its Green Strategy, ONE has set itself the goal of becoming climate-neutral by 2050.
Ocean Network Express (ONE) was formed in 2017 by integrating the container shipping companies of Kawasaki Kisen Kaisha (“K” LINE), Mitsui OSK Lines (MOL) and Nippon Yusen Kaisha (NYK). The new company, headquartered in Singapore, is the seventh largest container carrier in the world with a fleet size of around 1.51 million TEU and 205 ships.