Finnish shipowners ESL Shipping and Viking Line have teamed up to launch an emissions reporting system for cargo owners.

ESL, a bulker company, and its ropax partner are working with software company Attracs, Abo Akademi University and the PBI Research Institute to launch the Driving Emissions Out of Shipping (DEOS) project.

"The alarming report from IPCC published in mid-August underlines the need for proactive actions in all sectors," the companies said.