What's Happening?
DHL Global Forwarding and CMA CGM have launched a joint initiative to decarbonize global container transport by using 8,990 metric tons of UCOME second-generation biofuel. This collaboration is expected
to reduce CO2e emissions by 25,000 metric tons for ocean freight under DHL's GoGreen Plus service. The initiative allows DHL customers to lower the carbon intensity of their supply chains and supports the transition to alternative marine fuels. DHL's GoGreen Plus service enables customers to cut emissions by selecting sustainable marine fuel options, achieving up to 80% reduction in GHG emissions compared to conventional fuels. CMA CGM will bunker the biofuel across its fleet, aligning with DHL's Book & Claim approach, which allows for the allocation of environmental benefits to customers even if their shipments are not directly transported using these fuels.
Why It's Important?
This initiative is significant as it represents a major step towards achieving net-zero emissions in the shipping industry, a sector known for its substantial carbon footprint. By integrating sustainable fuels into their operations, DHL and CMA CGM are setting a precedent for other logistics and shipping companies to follow. The collaboration not only helps DHL and CMA CGM meet their climate goals but also provides their customers with the tools to reduce their own carbon footprints. This could lead to a broader industry shift towards more sustainable practices, potentially influencing regulatory policies and encouraging further investment in alternative fuels.
What's Next?
Both DHL and CMA CGM plan to continue exploring opportunities to scale up the use of lower-carbon fuels and develop collaborative approaches to further decarbonize international supply chains. As part of their commitment to achieving net-zero emissions by 2050, the companies are likely to invest in more sustainable technologies and expand their use of biofuels and LNG-powered vessels. This ongoing effort may prompt other industry players to adopt similar strategies, potentially leading to a significant reduction in the shipping industry's overall carbon emissions.
