IKEA to use HMM biofuel-based transport solution Green Sailing Service

Korea-based integrated logistics company HMM on Monday (10 June) said it has signed an agreement with IKEA Supply Chain Operations for the latter to use HMM’s Green Sailing Service.

Green Sailing Service is a low-carbon ocean transport solution that will enable both companies to lower their environmental impact and contribute to the decarbonisation of ocean transportation.

The initiative is aimed at reducing substantial carbon dioxide equivalent (CO2e) emissions, achieved by substituting conventional fossil fuels with environmentally responsible, waste-based biofuel bunkers for the ocean transportation of the IKEA products. 

Biofuels used for this service are ISCC certified biofuels that are manufactured from waste-based biomass. HMM is deploying sustainable biofuel for its FIM service connecting Far East, India, Mediterranean.

Notably, the agreement will help reduce around 11,500 tonnes of CO2e emissions from 1 March, 2024 till 28 February, 2025 with the deployment of such biofuels for the whole of IKEA ocean cargo shipment with HMM. 

The amount of CO2e emissions (11,500 tonnes) saved through this green partnership with IKEA is capable of transporting 14,534 TEU worth of Zero Emission Cargo from Asia(Busan) to Europe(Rotterdam).

IKEA’s goal is to reduce the relative GHG emissions from their product transportation by 70% by 2030 and be a zero emissions cargo owner by 2040. 

HMM, which launched the Green Sailing Service’ early this year, is intended to enhance the scope of its service through broad cooperation.

An HMM official, said: “We will keep looking for ways to make sustainable development our top goal, which will help us make important progress towards carbon neutrality.”

Photo credit: HMM
Published: 11 June, 2024