Tanker owner International Andromeda Shipping is moving into carbon trading.
The Monte Carlo-based company has formed a joint venture with Swiss trader Trasteel to provide charterers with carbon credits to offset their emissions.
The company will give charterers of Andromeda's vessels the chance to make zero-carbon voyages.
The company has established the project after enquiries from leading charterers and commodity traders including Trafigura, Vitol, Glencore and Gunvor.