Wednesday , 18 September 2019
Latest News
Hapag-Lloyd on course to hit fuel consumption reduction target
TradeLens' scope now covers more than half of the world’s ocean container cargo

Hapag-Lloyd on course to hit fuel consumption reduction target

Hapag-Lloyd is on track to achieve its target of a 20% reduction in fuel consumption by 2020, when compared to a 2016 ceiling, according to its latest sustainability report.

Jörg Erdmann, senior director of sustainability management, at the carrier, noted that the improvement was due to efficiency measures as well as lowering specific emissions.

Like the rest of the shipping industry, the German company is also gearing up for the International Maritime Organization’s (IMO) global fuel regulation, which comes into force at the start of 2020, capping sulphur content in marine fuels from 3.5% to 0.5%.

Erdmann added: “The new regulation is an important step on the way to lower-emission shipping. Even though the switch to low-sulphur fuels will entail significant costs, we are convinced that this directive is necessary.

“And we are prepared, as our fleet will operate using compliant fuels by 1 January 2020. In addition, we are testing other options, and Hapag-Lloyd will be the first shipping company to convert a large container ship to climate-friendly liquefied natural gas (LNG).”

The shipping line is testing emission-reducing technologies which may present options for a small portion of its fleet, while also installing exhaust gas treatment systems, noted CEO Rolf Habben Jansen.

The shipping line has incorporation the United Nations’ (UN) sustainable development goals (SDGs) for the first time.

These consider all three dimensions of sustainability – the economy, the environment and social commitment – and aim to help companies to design their business processes to be sustainable over the long term.

Hapag-Lloyd’s activities contribute to six of the 17 overall goals, with fleet optimisation contributing to lower fuel consumption and thereby the goal of climate protection for example.