In Brief
CHICAGO, Ill. (Reuters) — Cargill Inc. aims to cut carbon emissions from its international shipping unit by as much as 15 percent by 2020 to meet United Nations regulations to reduce pollution and demands from some of its food manufacturer customers for more environmentally friendly operations.
The company said the reduction of carbon dioxide per cargo-ton-mile was targeted at its time-chartered fleet, but overall, it plans to cut total greenhouse gas emissions on an absolute basis across all company operations by 10 percent by 2025.
Cargill does not own any ships. Instead, it charters about 650 vessels worldwide — up from 330 in 2007 — making it one of the largest dry bulk and tanker shippers.
