PortXchange aims to contribute its part to decrease the environmental footprint of the maritime shipping industry. As a supplier to this sector, PortXchange has made a commitment to shipping decarbonization an integral part of its business strategy.
The maritime transport industry is responsible for around 2.89% of anthropogenic greenhouse gases emitted globally, releasing around 1076 million tons of CO2 into our atmosphere every year (source: 4rd IMO GHG study). The entire logistics chain has a significant impact on the planet, which is only increasing as our consumption patterns continue to grow.
PortXchange has committed itself to build digital solutions that support the maritime shipping industry in reducing its footprint per vessel movement. It provides a digital collaboration platform for all involved in the port call, including shipping lines, port authorities, terminals, and agents. By connecting operational data from all the parties, standardizing it, and creating a single point of truth, more transparent communication and improved visibility into the end-to-end port calls are achieved. This results in less idling, fuel consumption, and CO2 emission.
“Most of the investments and initiatives towards ‘Green Shipping” focus primarily on vessel design and alternative fuels. While these solutions are probably, eventually, the only way to completely reduce shipping related GHG emissions, they are also the most costly, time-consuming, and hardest technologies to implement, considering the global fleet of over 100.000 vessels that would need to be refitted or renewed. A far less costly, more scalable and effective solution is available in the form of digitalization,” – says Sjoerd de Jager, the Managing Director at PortXchange.
PortXchange has committed to numerous initiatives to reduce the environmental impact across the logistics chain, such as sharing knowledge on measuring, monitoring, and reducing GHG emissions on a port call and port-wide level with European Commission to have the European ports benefit from its work.
As the next step, PortXchange focuses on four environmental goals:
Mission 0: Reduce PortXchange own emission to 0 by 2025
By 2025, reduce >10 million tons of Co2 emission of global shipping;
By 2030, reduce >20 million tons of Co2 emissions of global shipping;
By 2050 reduce >100 million tons of Co2emissions of global shipping.