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Delta Energy launches carbon credit trading desk, begins CO2 offsetting bunkering ops

04 May 2022

Delta Corp Holdings Ltd on Tuesday (3 May) said its member, Delta Energy, will begin offsetting marine fuel carbon emissions in the ARA region; the company has also started a carbon credit trading desk to support growing Environmental, Social, & Governance (ESG) demands of ship owners and cargo charterers. 

Delta Energy has been offsetting its greenhouse gas (GHG) emissions since its physical operations, it states. It currently supplies marine bunkers to their clients from their carbon-neutral barges in the ARA and UK regions. 

The company offsets CO2 emissions from through the purchase of VERRA and Gold Standard carbon credits by partnering with independent commodity supply agent Numerco.

A portfolio of emission reduction credits are utilised on a monthly basis to offset the greenhouse gases resulting from the combustion of gasoil onboard Delta Energy’s barges. 

When bunkered from Delta Energy’s barges, the ship owners or charterers are assured of a carbon neutral supply and the ability to offset resulting GHG emissions from their own bunker purchases.

Delta Energy is now in a position to offer the same offset capability to their cargo clients of Delta Corp Shipping when transporting their bulk cargo’s.

“This is a vital step in the evolution of Delta Corp as a responsible business with the aim to minimise our carbon footprint and that of our customers. We see increased interest from shipowners and charterers wanting to undertake Carbon Neutral voyages, bunker purchases and this is an added service to our clients,” said Mudit Paliwal, CEO of Delta Corp.

Related: Delta Energy and Bunker Connect announce joint venture: Delta Connect


Photo credit: Chris Pagan on Unsplash
Published: 4 May, 2022

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