World News
Henkel Turns to DHL's Book & Claim for CO2 Emission Cuts
Consumer goods firm Henkel is adopting logistics firm DHL Global Forwarding’s book & claim system to cut CO2 emissions from ocean freight through biofuel insetting.
Under a new agreement, the majority of Henkel’s ocean freight in 2025 will move under DHL’s GoGreen Plus programme, with waste-based biofuels replacing conventional marine fuels on vessels operated by DHL’s carrier partners, DHL said in a press release on Wednesday.
Through the book and claim system, Henkel will receive the verified well-to-wake emissions reductions - an estimated 4,700 mt of CO2e compared to conventional marine fuels.
The mechanism ensures Henkel benefits from the carbon savings even if its containers are not physically transported on biofuel-powered ships.
The partnership will cover around 9,000 TEUs of ocean freight.
By scaling up the use of biofuels, DHL and Henkel are not only cutting scope 3 emissions but also sending a strong demand signal to expand the market for low-carbon shipping solutions.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 485.00 | 5.50 | 673.00 | 7.00 |
| Rotterdam | 459.00 | 0.50 | 680.50 | 2.00 |
| Houston | 481.00 | 6.00 | 682.00 | 10.00 |
| Fujairah | 482.00 | 8.00 | 729.50 | 4.50 |
| Global 20 Ports Average | 520.50 | 3.50 | 765.50 | 6.50 |
| Global 4 Ports Average | 476.50 | 5.50 | 691.00 | 5.00 |
| Global Average Bunker Price | 552.50 | 12.00 | 805.50 | 3.00 |
Popular Now More
-
Sep 22The EU's new sanctions plan targets 118 ships and oil buyers in third countries, including China. -
Sep 22The bunkering supports MOL's biofuel push under its decarbonisation plan. -
Sep 22Panama joins 31 European countries and the European Commission in pressing for fund rules to be agreed by 2026.