MITSUI O.S.K. Lines said it has offset emissions from an iron ore carrier’s voyage from Australia to Japan.
Japan-flagged bulk carrier Shinzan Maru, operated by MOL, is engaged in a long-term iron ore transport contract with Japan’s Kobe Steel.
The Capesize vessel completed a six-week voyage from Port Walcott in Western Australia to the port of Kakogawa in Japan, where it unloaded iron ore at Kobe Steel’s Kakogawa Works.
The carbon emissions produced from fuel oil production and consumption during voyage amounted to an around 2875 tons.
MOL and Kobe Steel worked together to offset the voyage emissions using voluntary carbon credits from the Rimba Raya Biodiversity Reserve Project in Indonesia.
“The carbon credits used for this carbon offset have been certified by Verra, which operates the world’s leading voluntary carbon credit standards, and generated within the past five years,” MOL said.
“In addition, the Rimba Raya Biodiversity Reserve project contributes not only to [carbon dioxide] emission reductions, but also to co-benefits such as biodiversity conservation and job creation for local communities.”
Verra is an international carbon-credit standard management organisation based in the United States. It certifies emission reductions and removals and issues them as credits.
In this case, the offsetting initiative supported a project to protect peat swamp forests in Kalimantan, Indonesia.
