German shipping firm Hapag Lloyd on Wednesday (22 April) published its third sustainability report claiming it has succeeded in reducing its specific CO2 emissions – CO2 emissions per TEU/kilometre – by 50%.
Preparing for the IMO 2020 regulations was one of the main focuses of the 2019 reporting year, it says.
Hapag-Lloyd adds it started with its planning early on and made the necessary conversions to its fleet.
Since the beginning of 2019,Hapag-Lloyd says approximately 95% of its vessels have been operating using low-sulphur fuel oils, which emit over 70% less sulphur oxides than the heavy fuel oil previously in use.
For 2020, Hapag-Lloyd notes it plans to take more steps on the path towards the decarbonisation of ocean-going shipping.
It says the IMO has set ambitious milestones for 2030 and 2050, with the aim of reducing CO2 emissions by 40 and 50 %, respectively, compared to 2008, and to help achieve these goals, Hapag-Lloyd will be the first shipping company in the world to start converting a large container ship to operate using a more climate-friendly liquid natural gas (LNG) propulsion system.
The conversion work on the Sajir is expected to commence in the fourth quarter of 2020. In addition, Hapag-Lloyd says it will continue to work on alternative fuel solutions. For example, an initial test using biofuel based on used cooking oil was launched at the beginning of the year.
“Our sustainability measures also take into account the well-being of future generations,” says Jörg Erdmann, Senior Director Sustainability Management.
“This makes it all the more important to bring all relevant parties – our employees, customers and shareholders, too – along on this journey. Sustainability is a common task, and it can only be achieved together with strong partners.”
“Sustainability is a marathon rather than a 100-metre sprint,” adds CEO Rolf Habben Jansen.
“Given this fact, the issue will remain on our strategic agenda for the long term and be given high priority – also and especially in 2020, which has been an unusual year for all of us.”
A copy of the Sustainability Report is available for download here.
Photo credit: Hapag Lloyd
Published: 23 April, 2020
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