Starting July 1, the Port of Long Beach will offer financial incentives to ocean carriers that bring their greenest vessels to the port, thanks to changes recently made by harbor commissioners to the port’s Green Ship Incentive Program.
The voluntary program, which started in 2012, uses the international Environmental Ship Index (ESI) to determine incentive levels for ships that surpass emission standards set by the International Maritime Organization.
The latest version offers three levels of incentives based on a ship’s ESI score, starting from $600 and can go up to $6,000. Ships with main engines that meet IMO’s Tier III standard qualify for an additional $3,000 credit.
“Our goal is to increase participation in the already successful Green Ship Program by aligning it with international sustainable maritime transportation efforts,” said Harbor Commission President Frank Colonna. “These incentives are the largest offered to vessels and Tier III ships of any seaport, and we expect the update will have positive impacts in Long Beach and around the globe.”
Over 8,000 vessels and 50 ports globally take part in the ESI, said port Executive Director Mario Cordero.
“This change and offer of financial rewards gives operators even more reasons to be socially responsible and make investments in cleaner fuels, ship modifications or on-board technologies that improve air quality beyond required standards,” said Cordero.