Cargill, Huntsman to Stop Using Fuel-Inefficent Vessels

Cargill Inc., which says it hires more commodity carriers than any company worldwide, and two other industrial shippers, will stop using the most fuel-inefficient vessels to reduce their carbon emissions.

Cargill, which transports 200 million metric tons of minerals, grains and energy commodities each year, won’t use ships ranked in the lowest two of seven categories as rated by the Carbon War Room, the Richard Branson-led nonprofit said by e-mail today. Unipec U.K. Co., a unit of China’s biggest oil trader, and Huntsman Corp., a chemical shipper and manufacturer, also won’t charter ships with the two lowest classifications, according to the statement.