Titan to offer LNG-based carbon insetting
LNG bunker supplier and inset provider 123Carbon will sell LNG-based tokens to shippers and freight forwarders, arguing that this will contribute to the cost of relatively greener bunkering
The companies claim that using LNG-based tokens — in a practice known as insetting — could help counterparties cut emissions by up to 16%, based on the difference in CO2 between LNG and conventional fuel oil