OOCL proudly received the Fuel Efficiency Award at the Seatrade Maritime Awards Asia 2020 for its achievement in fuel savings and efficiency improvements.
This annual industry event pays tribute to companies with remarkable achievements in various aspects of Asia's maritime industry. This year, the award winners were announced and virtually participated in the event via an online celebration on June 23, 2020.
The Fuel Efficiency Award recognizes a company which has demonstrated success in true fuel savings and efficiency improvements with the input of its workforce. In the evaluation process, companies fuel efficiency initiatives such as the use of innovative technology and staff incentive scheme have been taken into account.
Over the years, OOCL has been taking a proactive role in implementing various fuel-saving initiatives in its fleet and marine operations, successfully reducing carbon emissions by 60% since 2004.
For example, the latest technologies, such as OOCL's proprietary Robo-advisor solution, was adopted to actively reduce overall bunker consumption in the fleet.
OOCL's investment in the latest state-of-the-art G-Class vessels have also been performing 48% better than the Energy Efficiency Design Index (EEDI) baseline level required by the International Maritime Organization (IMO).
In addition to technological and hardware advancements, the implementation of the fuel saving incentive scheme was able to motivate the company's crew to contribute their valuable input and effort towards meeting the fuel saving objectives of OOCL. All these initiatives have been instrumental in contributing to the company's overall environmental performance.
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