Hapag Llyod claims CO2 emissions reduction per TEU-kilometer by 50% since 2008, surpassing the International Maritime Organization’s (IMO) 40% greenhouse gas emissions reduction target, according to its 2019 sustainability report.
According to the report, Hapag Llyod was able to cut specific CO2 emissions by 50% through the implementation of numerous measures such as the use of larger, more efficient ships, improved water resistance, the introduction of digital solutions, improved routing, and planning along the entire transport chain.
The IMO 2020 is a new regulation effective January 1, 2020, that reduces the cap for sulphur content in marine fuels from 3.5% to 0.5% m/m (mass by mass). That means carriers must use low-sulphur oils or scrubber to comply with the new emission requirement.
The company had started to act early on with its planning and conversion of its fleets to adhere to IMO 2020 on time. Around 95% of their vessels since early 2019 have been using low-sulphur fuel oils which emit 70% less sulphur oxides than the heavy fuel oil previously in use.
Improvement in sustainability has been the central theme promoted by IMO to shipping lines including Hapag Llyod.
“Sustainability is more than just climate protection, as it also comprises ecological, economic, social and qualitative concerns at the same time. In 2019, we succeeded in making a lot of progress in all four dimensions. For example, we further reduced our specific CO2 emissions, strengthened our social commitment and made huge investments in the quality of our service,” CEO Rolf Habben Jansen said.
Rolf said that despite the coronavirus pandemic, the company is gearing towards improvements in technological and digital innovations as well as further greenhouse gas emissions reduction.
The IMO has set ambitious goals for 2030 and 2050, intending to reduce CO2 emissions by 40% and 50%, respectively, compared to 2008.
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. Besides, the company said it will continue to work on alternative fuel solutions.