Navigator Holdings has achieved an environmental milestone with its first carbon-neutral Handysize LPG voyage, achieved by the 20,550 cbm gas carrier Navigator Capricorn.
The vessel loaded LPG for the US midstream company Sunoco Partners Marketing & Terminal L.P. on 18 January 2020 and began her Atlantic crossing to Morocco from the Marcus Hook export terminal in Pennsylvania.
Working with Norwegian climate and technology company CHOOOSE, Navigator has committed to offset 1,068 metric tonnes of CO2 by supporting a UN-verified renewable energy project. The IslaSol Island Solar Power project in the Philippines is intended to provide daytime power to approximately 200,000 homes throughout the year.
‘Carbon reduction is a key strategic objective for our company and follows our mission of connecting the world today, creating a sustainable tomorrow,’ said Oeyvind Lindeman, Chief Commercial Officer at Navigator.
‘We continuously strive to reduce our carbon emissions through innovations in the way we manage our company and in the way we operate our assets. Offsetting is one of several tools we choose to use in order to deliver a true carbon-neutral voyage. We are looking at ways to further promote and develop similar voyages in collaboration with our stakeholders whilst always keeping the UN’s Sustainable Development Goals in mind.’
Navigator is the owner and operator of the world’s largest fleet of Handysize liquefied gas carriers and its vessels also transport petrochemical gases, such as ethylene and ethane, LPG and ammonia.