2nd nordic carbon disclosure project report copenhagen, 20th october 2008

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2nd Nordic Carbon Disclosure Project Report Copenhagen, 20th October 2008 Lars Lundegaard Senior Vice President

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Lars Lundegaard Senior Vice President. 2nd Nordic Carbon Disclosure Project Report Copenhagen, 20th October 2008. Global climate change. We believe calls for global solutions We know shipping will be part of all solutions We support CDP that helped us focus our effort - PowerPoint PPT Presentation

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Page 1: 2nd Nordic Carbon Disclosure Project Report            Copenhagen, 20th October 2008

2nd Nordic Carbon Disclosure Project Report Copenhagen, 20th October 2008

Lars LundegaardSenior Vice President

Page 2: 2nd Nordic Carbon Disclosure Project Report            Copenhagen, 20th October 2008
Page 3: 2nd Nordic Carbon Disclosure Project Report            Copenhagen, 20th October 2008

Global climate change• We believe calls for global solutions

• We know shipping will be part of all solutions

• We support CDP that helped us focus our effort

• We support tougher demands for the shipping industry – internationally and for all

We think much more can be done!

Page 4: 2nd Nordic Carbon Disclosure Project Report            Copenhagen, 20th October 2008

Dry cargo Tanker

0

50

100

150

200

250

2003 2004 2005 2006 2007 2008

Active vessels Vessels for delivery

OfficesPort captainsOfficesPort captainsOfficesOfficesPort captains

Our company at a glance

Page 5: 2nd Nordic Carbon Disclosure Project Report            Copenhagen, 20th October 2008

Our Ballpark• If the same cargo was to be transported by air

- emissions would be 100 times higher

• If trucks were to transport the same cargo- emissions would be 10 times higher

Ships are already quite efficient!

15 km/liter

1,700 km/liter

Page 6: 2nd Nordic Carbon Disclosure Project Report            Copenhagen, 20th October 2008

Our BallparkWe continue to reduce our emissions of CO2 by

• optimising the performance of the engine

• reducing the propulsion resistance

• better planning of the ship’s routes

• sailing at reduced speed - when allowed

1,700 km/liter

Page 7: 2nd Nordic Carbon Disclosure Project Report            Copenhagen, 20th October 2008

Our motivation• We differentiate our Product offering

• We sharpen our technical Skills

• We attract better People

• We can save Money on fuel

• We see a match with our Values

We simply think it is good business!

Page 8: 2nd Nordic Carbon Disclosure Project Report            Copenhagen, 20th October 2008

What we do1) Slide valves

2) CASPER System

3) Alpha Lubrication System

4) Exxon Mobil Scrape Down Analysis System

5) Torque Measuring System

6) Garbage Monitoring & Reporting System

7) NORDEN / FLAME System

8) Non-oscillating P/V valves

9) Cleaning of hull every 5 years

10) Cleaning of the ship’s propeller every 6 months

11) Frequent control and service of the turbo-charger

12) Scavenge air cooler too

13) Same goes for fuel pump and injection

14) Variable geometry turbochargers

15) Green Steam trim system

16) CO2 measuring system

17) Active research support

Page 9: 2nd Nordic Carbon Disclosure Project Report            Copenhagen, 20th October 2008

Our results• Year to date result is a 2% emission reduction

• New Environmental Performance System and research effort holds great potential: Involving customers, terminals and ports

Offering Fast Transport or Green Transport

10% speed reduction saves 23% CO2

We will continue the effort and remain ambitious

Page 10: 2nd Nordic Carbon Disclosure Project Report            Copenhagen, 20th October 2008

Going forward• 20/20 target is changing mindset!

• Industry is moving forward!

• CDP important – develop format!

• Accelleration potential exist: Focused political leadership! Adapt holistic view on transportation! Incent all links in the transportation valuechain! Fast-track targeted R&D!

Page 11: 2nd Nordic Carbon Disclosure Project Report            Copenhagen, 20th October 2008