Hapag-Lloyd and DSV have signed a two-year Ship Green framework agreement covering 18,000 tonnes of Scope 3 CO₂e reductions on a well-to-wake basis from 2026. The cuts will be generated through the use of second-generation biofuels in Hapag-Lloyd's fleet, produced from waste and residue feedstocks.
The deal builds on cooperation between the two companies dating back to 2022, when they began working together on sustainable marine biofuels. Structured around a book-and-claim model, the agreement allows DSV to allocate verified emissions savings from biofuel already used in Hapag-Lloyd's owned and operated vessels, irrespective of the physical fuel allocation. In a market where sustainable marine fuels remain constrained, the mechanism offers scale without compromising traceability.
The framework also leaves room to incorporate additional sustainable fuel types, marking a first for both companies. Danny Smolders, Managing Director Global Sales at Hapag-Lloyd, said the company is very pleased with the agreement, noting that sustainable shipping solutions play a critical role in helping corporate customers meet their Scope 3 emissions targets. The deal sets an example for scalable mechanisms in logistics' decarbonisation journey.
Key Takeaways:
1. Hapag-Lloyd and DSV signed a two-year, 18,000-tonne Scope 3 biofuel framework agreement.
2. Reductions will come from second-generation biofuels made from waste and residue feedstocks.
3. The deal is calculated on a well-to-wake basis, effective from 2026.
4. A book-and-claim model allows allocation of emission savings independent of physical fuel.
5. The framework leaves room to incorporate additional sustainable fuel types in the future.
