Maersk has begun working with Wallenius Wilhelmsen, BMW Group, H&M Group, Levi Strauss & Co. and Marks & Spencer to explore LEO fuel – a blend of lignin and ethanol – that could be part of the future solution for sustainable shipping.
With shipping accounting for 2-3% of global CO2 emissions, a proportion that is set to increase as global trade continues to grow at a sluggish but steady pace, the shipping line noted the urgency required in reducing shipping’s environmental impact.
Maersk and Wallenius Wilhelmsen have teamed up with Copenhagen University and the above customers to form the LEO Coalition, which will explore the environmental and commercial viability of LEO fuel for shipping.
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