Paint and coatings manufacturer AkzoNobel has issued more than 126,000 carbon credits worth more than $ 500k to cruise ships , as a tribute to vessel owners who introduced AkzoNobel ranged coatings to their fleets . The move that has reduced the emissions of each vessel by 4,000 tonnes annually . The carbon credits were assessed by the carbon credits certification body Gold Standard Foundation . On average , these credits equate to 1,250 tonnes in fuel reduction . Currently , more than 100 ships are using AkzoNobel Intersleek coating , which the company claims has achieved total annual reductions of 17 million tonnes in carbon emissions equivalent to 1.5 % of the shipping industry ’s global emissions .
Paint and coatings manufacturer AkzoNobel has issued more than 126,000 carbon credits worth more than $500k to 16 ships, as a reward to vessel owners who introduced AkzoNobel ranged coatings to their fleets. The move that has reduced the emissions of each vessel by 4,000 tonnes annually. The carbon credits were issued by the carbon credits certification body Gold Standard Foundation. On average, these credits equate to 1,250 tonnes in fuel reduction. Currently, more than 4,500 vessels are using AkzoNobel Intersleek coating, which the company claims has achieved total annual reductions of 17 million tonnes in carbon emissions equivalent to 1.5% of the shipping industry’s global emissions.