An Eagle Bulk Shipping ultramax recently arrived at a port in Norway on a voyage that is estimated to have slashed CO2 emissions by 80% thanks to sustainable biofuels.
That helped the owner of the 61,500-dwt Stamford Eagle (built 2016) take a bite out of its direct greenhouse gas emissions. And it allowed its charterer, French mining company Eramet, to chop its indirect emissions known as Scope 3.