The shipping industry is taking steps to become more environmentally responsible, and rightly so. With the support of global actors such as the International Maritime Organization (IMO), shipping is heading towards cleaner, ‘greener’ times.
At NORDEN, we fully support this transition and we want to take a leading role in ensuring the good intentions are more than just that. Actions, as we all know, speak louder than words and that is why we have tested the use of biofuel on one of our vessels.
We have come a long way in increasing fuel efficiency and have for example reduced CO2 emissions per tonne cargo transported on owned tanker vessels by 25% between 2007 to 2017. With the newly introduced IMO targets on CO2 reductions, however, it is evident that increased fuel efficiency alone is not enough. We need alternative solutions and, with this test, have a viable method to help us reach these targets.
Even though shipping is a polluting industry, it is still the most CO2 effective way of transporting large amounts of cargo over long distances. By using biofuel, the transport becomes 100% CO2 neutral, and as the biofuel we use is derived from used cooking oil, the CO2 neutral transport is also fully sustainable.
Although biofuel may not be the sole solution in the long run, we believe that the carefully chosen second generation biofuels we have found can contribute significantly to reducing CO2 emissions here and now. You can read much more about our biofuel initiative and how we intend to offer the product to a select group of customers from early 2019 in this issue of NORDEN News.
With the year coming to an end, I also want to take the opportunity to thank all our business relations across the globe for yet another successful year. NORDEN is in transition, becoming increasingly “By using biofuel, the transport becomes 100% CO2 neutral agile and asset-light, raising focus on digitalisation, optimisation and of course having the right business partners and employees to take us forward.
We look forward to seeing you all again in 2019, as yet another exciting new chapter begins in NORDEN’s almost 150-year history.