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Sea Cargo Charter Alignment

Charterer-side analogue of Poseidon Principles - cargo owners and commodity traders report the climate alignment of their voyage-weighted AER against the SCC trajectory. Founding members include BHP, Cargill, Dow, Shell, Trafigura, Ørsted.

PortIndexCargo owner
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Formula, assumptions, and limits

Alignment=AERtrajectoryAERweightedAERtrajectory×100\text{Alignment} = \frac{\text{AER}_\text{trajectory} - \text{AER}_\text{weighted}}{\text{AER}_\text{trajectory}} \times 100
SymbolMeaningUnit
AERweighted\text{AER}_\text{weighted}Voyage-weighted AER across chartered shipsg / (dwt·nm)
AERtrajectory\text{AER}_\text{trajectory}SCC trajectory targetg / (dwt·nm)

Source: Sea Cargo Charter - *seacargocharter.org*; IMO Resolution MEPC.336(76) - AER / CII framework

In short

Compute a chartering organisation's alignment with the Sea Cargo Charter climate trajectory.

Learn the theory World Port Profiles: How to Read a Port Card