Wallenius Wilhelmsen taps Svitzer’s carbon insetting solution to cut emissions

Danish towage and marine services provider Svitzer has signed a contract related to its proprietary carbon insetting solution with Norwegian shipping and logistics player Wallenius Wilhelmsenin a joint bid to slash emissions across ‘key’ markets.

As informed, under the terms of the agreement, Svitzer’s EcoTow solution—said to decarbonize harbour towage by replacing marine gas oil (MGO) with numerous types of very low-carbon biofuels— would be implemented for tugboat operations in ‘vital’ markets such as Australia, the United Kingdom and Scandinavia.

More specifically, it was explained that by applying the mass balance principle, Svitzer would use biofuels across its network and deposit the resulting carbon dioxide (CO2) savings in its emissions ledger, which would then be allocated to Wallenius Wilhelmsen. This is projected to enable the company to ‘significantly’ cut down on harmful pollutant emissions related to towage services.

In fact, according to Svitzer, its carbon insetting solution has thus far shown the potential to lead to a 100% reduction of carbon dioxide.

At the same time, the new partnership is anticipated to lend a helping hand to Svitzer’s own decarbonization targets,