Norwegian shipping and logistic company Wallenius Wilhelmsen has joined the First Movers Coalition, the world’s largest public-private partnership working to scale the most critical, emerging climate technologies required to decarbonize the world’s heavy-emitting sectors.
According to the company, the move aligns with its strategic goals, covering Wallenius Wilhelmsen’s activities at sea and onshore.
“I am delighted to confirm that Wallenius Wilhelmsen ASA will join the First Movers Coalition with commitments in both the Shipping and Logistics sectors,” Lasse Kristoffersen , CEO of Wallenius Wilhelmsen, commented.
Wallenius Wilhelmsen has set ambitious targets for 2030 in both sectors — to ensure that at least 5% of its deep-sea shipping operations are powered by zero-emission fuels and that at least 30% of its new heavy-duty truck purchases are zero-emission vehicles.
In addition, joining working groups for both the company’s ocean and land sectors is particularly important with the company’s clearly stated ambition to offer a zero-emission end-to-end service by 2027.
To support the introduction of the zero-emission end-to-end service, Wallenius Wilhelmsen recently embarked on a Shaper Class newbuilding program. The company ordered a dozen 9,300 CEU methanol dual-fuel pure car and truck carriers (PCTCs) in China.
Working together with various peers from across the shipping and logistics industries, Wallenius Wilhelmsen expects to benefit from both knowledge sharing and building consensus around how to communicate future fuel needs to the market in a coherent and focused way.
“Wallenius Wilhelmsen will aim to support member recruitment and actively participate in the development of coalition activities,” Kristoffersen added.
The innovative FMC project was initiated in 2021 by the World Economic Forum and the Office of the US Special Presidential Envoy for Climate, John Kerry.
Today, FMC includes 96 members, such as Maersk, Coca-Cola, Amazon, Ford, Google, Rio Tinto, and Microsoft. It aims to prompt market demand for technologies critical for achieving a net-zero future.
As explained, Wallenius Wilhelmsen’s involvement emphasizes its dedication “to leading the industry towards a more sustainable future through actionable, science-based efforts to combat climate change .”