UK-based Braemar Shipping Services has revealed its carbon trading offer to clients.
The London-listed company's Braemar ACM Shipbroking division has launched a carbon offsetting initiative to be led by one of its senior tanker brokers, Ben Chesney.
"We have been working for some time to provide a mechanism for carbon offset across all of our chartering desks," Braemar ACM senior managing director Tris Simmonds said.
"Working directly with approved offset project providers will allow us to measure and price a carbon-neutral voyage on fixing."
Simmonds, who is also an executive board member, described the move as a huge step for the industry and one of many to come.
The shipbroker is also aiming to provide a central register of carbon output for every voyage that it fixes for all types of ships.
This will be accessible for all clients, but the company told TradeWinds that it was not yet able to reveal the carbon offsetting companies it is working with.
Chesney was brought back by Braemar in November last year to boost its tanker operations in Singapore.
Chesney had been chartering officer at Idan Ofer's Eastern Pacific Shipping after leaving Braemar in 2015 following the merger with ACM Shipping.
He had been there eight years, working in tankers.
Group chief executive James Gundy told TradeWinds in March that the company's carbon operations were still in their early days, and executives continued to talk to various clients about the topic.
Rival moving into carbon
Some rivals have already launched various related services.
In April, Swiss broker Ifchor said it was setting up a carbon emissions trading and advisory company with Dutch specialist ClearBlue Markets.
The bulker shop said Ifchor ClearBlue Oceans (ICBO) will help clients navigate changing legislation and source high-quality emissions offsets.
It will also structure and execute carbon-offset projects or transactions.
Shipbrokers BRS, Clarksons and Affinity (Shipping) launched their carbon desks in late 2020 and were among the first in shipping to enter the ever-evolving market.
