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GHG Rating

RightShip’s GHG Rating rates the emissions output of commercial vessels on a scale from A (most efficient) to E (least efficient). The gold standard for emissions comparison in the shipping industry, it is the first rating to incorporate EEXI values alongside EVDI and EEDI. It works by calculating and comparing a vessel’s designed efficiency against peer vessels of similar size and type using a speed-corrected methodology.

Moving cargo internationally produces large volumes of greenhouse gas emissions, and the shipping industry is increasingly recognised as a significant contributor to climate change. Charterers are facing increasing commercial pressure to monitor, manage, and reduce emissions across their supply chains. The GHG Rating ensures they can select the most efficient vessels and target reductions in fuel consumption, costs, and GHG emissions across the supply chain.

Features of GHG Rating for Charterers

Simplified decisions

The GHG Rating takes inputs from IMO standards, regulatory indices, and public, third-party, and proprietary data sources to allow best practice environmental vessel selection processes.

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Standardised approach to decarbonisation

Speak the same language as your customers and suppliers by using the GHG Rating, easily understood and used by all players in the industry to decarbonise their supply chain.

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Reduce supply chain emissions

Quickly identify vessels standing out from others in their peer group through global and fleet wide benchmarking, allowing you to easily select vessels that will reduce the emissions profile of your company.

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By using more-efficient ships, we are gaining cost efficiencies and furthering our efforts to reduce Mosaic’s carbon footprint. Given the success of GHG Emissions Rating vetting, we are reviewing options to also exclude F-rated vessels. Emissions from shipping currently represent less than 5 percent of Mosaic’s carbon footprint.

The Mosaic Company

By using more-efficient ships, we are gaining cost efficiencies and furthering our efforts to reduce Mosaic’s carbon footprint. Given the success of GHG Emissions Rating vetting, we are reviewing options to also exclude F-rated vessels. Emissions from shipping currently represent less than 5 percent of Mosaic’s carbon footprint.

Incitec Pivot Ltd

GHG Rating advantages

ESG due diligence

Seamlessly integrate our GHG Rating with vessel vetting to align industry emissions reduction targets with Environmental, Social and Governance (ESG) and Corporate Social Responsibility (CSR) targets, allowing screening for only the most efficient vessels.

DOC holder insights

Check fleet GHG Rating statistics at a Document of Compliance (DOC) holder level, benchmarked against the world DOC fleet GHG Rating, to ensure your selection process rewards vessel owners and operators who are investing to keep their entire fleet emissions low.

Leading the industry

Lead the industry towards lower emission targets through our GHG Rating by rewarding shipowners who invest in energy efficiency upgrades and vessel design, and put maritime on a path to a zero-harm maritime environment.