AtoB@C Shipping, a Swedish subsidiary of shipping company ESL Shipping, and EFO, a joint venture of compatriot energy companies, have committed to a set of measures to reduce carbon dioxide emissions from their sea transports.
As informed, the initiative will involve substituting 10% of the annual fuel consumption of EFO’s shipments with renewable alternatives, resulting in a projected 8.5% reduction in lifecycle emissions.
“We are pleased to have found in AtoB@C Shipping a shipping company that not only shares our long-term vision but has also provided us with a tangible solution today to begin reducing our emissions immediately,” Andreas Ukmar , CEO at EFO, commented.
In addition, the companies have agreed to implement virtual arrival as a standard operational practice to optimize the speed of the vessels when there is a known delay in port. On average, virtual arrival has reduced voyage emissions in AtoB@C Shipping’s traffic by 11% in the voyages it has been applied for.
“We are excited to partner with EFO in advancing greener shipping practices. Renewable fuels are crucial in mitigating shipping emissions ,” Frida Rowland , Commercial Director at AtoB@C Shipping, said.
So far two voyages have been performed with 100% renewable fuel under this contract with plug-in hybrid vessel Electramar unloading the second cargo in Oxelösund, Sweden last week.
Christened in May this year, Electramar is the first vessel in the series of twelve energy-efficient plug-in hybrid vessels. The 5,400 dwt general cargo ship was delivered to its owner by India’s Chowgule Shipyard in December 2023.
On August 30, 2024, AtoB@C Shipping christened its second plug-in hybrid vessel, Stellamar, in Ystad.