Xeneta finds supply chain diversions fuel spike in carbon emissions

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New data shows carbon emissions increased by 63% in Q1 2024 compared to Q4 2023. (Photo: Jim Allen/FreightWaves) New data from Xeneta reveals an eye-popping increase in emissions as a result of the Red Sea diversion. The Xeneta and Marine Benchmark Carbon Emissions Index (CEI) shows carbon emissions increased by 63% in Q1 2024 compared to Q4 2023 with regard to containers being shipped via ocean from the Far East to the Mediterranean. From the Far East into Northern Europe, carbon emissions increased by 23%. The index hit 107.4 points in Q1 2024 — the highest it has been since...