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Award to Panama Canal for saving 160Mt CO2 using Cubeplan

October 31, 2016

The Panama Canal Authority was recognized by the International Marine Organization (IMO) for reducing greenhouse gas emissions from international shipping by 160 million tons of CO2 over the next decade. The Canal received the award at the October 2016 London meeting of the IMO's Marine Environment Protection Committee. The Panama Canal opened a massive expansion in June 2016. The new locks and channels allow larger ships and double the Canal's capacity in annual tonnage. In planning this project, the Canal Authority used a software tool built with Cubeplan/Analytica by Novix to analyze the economic and environmental costs of alternative shipping routes, cargo, and types of ships enabled by this new capacity. This tool enabled them to find operational and routing improvements that reduced costs as well as greenhouse gas emissions.

Canal recognized for reducing CO2 emissions

Source: Translated from La Estrella de Panama
http://laestrella.com.pa/economia/reconocen-aporte-canal-reduccion-emisiones/23967965

The contributions of the Panama Canal in reducing emissions of greenhouse gases as part of the international shipping industry were highlighted during the 70th session of the Committee of Marine Environment Protection (MEPC) of the International Maritime Organization (IMO) held in London, England.

The 70th session was focused on the issue of prevention and control of pollution of the shipping industry, which has a negative impact on the environment.

At the MEPC 70, Panama presented the paper: "The contribution of the Panama Canal on Reducing Emissions by international shipping (MEPC 70/7/1)," which highlights how the waterway strategy contributes to the implementation of technical and operational measures of their clients as well as new conservation programs based on sustainable development.

The Panama Canal Authority (ACP) said that one of the initiatives of the Canal has been the development of a software tool for the automatic calculation of CO2 emissions associated with shipping, using different routes and transport modes required for cargo movement.

This tool - which takes into account the type of vessel, cargo quantity, mode of transport, origin and destination of the cargo - helps in the choice of routes, not only on the basis of cost variables, but on other environmental factors, which will place Panama as a leading and environmentally sustainable path.

It is estimated that in the 102 years of operation of the Panama Canal, the parkway of the waterway has reduced more than 650 million tons of carbon dioxide (CO2).

It has been estimated that the Canal route will reduce more than 160 million tons of CO2 in the first 10 years of operation of the expanded Canal.

During the MPEC 70 meeting, the Panama Canal was awarded the Green Connection IMO Award, for recent initiatives established in line with the strategy of the parkway and recognition of environmental performance.

Launched in July this year, this award is a recognition granted to customers and ships exceeding environmental standards set by the IMO.The MEPC 70 awarded Panama Canal for its strong commitment to reducing emissions.

"By implementing the program recognized by the Green Connection Award, the Panama Canal aims not only do our part to contribute to the reduction of global emissions, but also encourages our customers to use ships designed for high-energy efficiency," said environmental specialist Alexis Rodriguez, Panama Canal.