Emissions Fall on 10 Ocean Freight Lanes in Q1 2023

The latest industry analysis from Xeneta shows that CO2 emissions from the container industry fell during the first quarter of 2023 across 10 of the world’s busiest 13 ocean freight lanes. 
According to the Carbon Emissions Index (CEI), a unique environmental benchmarking tool from Xeneta and Marine Benchmark, the trade corridor making the biggest emissions inroads was the US West Coast to the Far East lane, while Yang Ming emerged as the industry’s “emissions hero” for the second consecutive quarter, Hellenic Shipping News reported.
CEI is built on a foundation of real-time AIS data and individual vessel specifications, allowing it to track and calculate environmental performance per ton of cargo carried across the sector’s busiest trade routes. It uses a baseline score of 100 to assess carriers in relation to the trade lane average at the start of 2018.
Those scores, comments Emily Stausboll, Xeneta shipping analyst, showed quarterly improvements on many trades for the start of 2023. However, she cautions over whether this trend is “here to stay”, noting that it’s perhaps not just environmental commitment that is lowering the CEI scores.