01.
The Client Challenge
An organisation of independent tanker owners approached Braemar for advice on carbon offsetting.
Their publicly listed customers were under increasing pressure to reduce emissions. They were introducing chartering policies dictating that their transportation suppliers use transitional fuels like LNG or, failing that, have a net zero emissions policy.
In addition, tanker owners face compulsory regulation in the EU from 2023 with the introduction of the Emissions Trading System. The independent owners needed help in preparing their response.