World News
Scan Global Expands Biofuel Partnership With Hapag-Lloyd
Logistics firm Scan Global Logistics has signed a deal to expand its biofuels partnership with container line Hapag-Lloyd.
The firm is expanding its collaboration with Hapag-Lloyd by integrating the container line's Ship Green solution into its portfolio of emissions-reduction solutions, it said in a statement on its website on Wednesday.
The company's partnership with Hapag-Lloyd is reducing GHG emissions by more than 8,500 mtCO2e.
The two companies first announced a deal seeking to enable greater use of biofuels in May 2024.
"Our customers are asking for real emission reductions," Martin Andersen, global head of sustainability and ESG at Scan Global, said in the statement.
"Not promises for 2030 or 2050, but solutions they can use straight away.
"By working with Hapag-Lloyd and investing in biofuel, we can reduce emissions from ocean freight right now, without changing how our customers operate.
"That’s what makes this collaboration meaningful."
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 963.00 | 26.00 | 1351.50 | 10.50 |
| Rotterdam | 766.00 | 3.00 | 1446.00 | 11.50 |
| Houston | 817.00 | 11.50 | 1421.00 | 1.00 |
| Fujairah | 981.00 | 12.00 | 1768.50 | 17.50 |
| Global 20 Ports Average | 929.50 | 10.50 | 1565.00 | 13.00 |
| Global 4 Ports Average | 882.00 | 13.50 | 1496.50 | 9.50 |
| Global Average Bunker Price | 978.50 | 20.00 | 1616.50 | 18.50 |
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