Swire Shipping rolls out new carbon insetting program

Singapore-based shipping company Swire Shipping has launched Voyage to Zero, a carbon insetting program that promises a reduction in Scope 3 greenhouse gas (GHG) emissions.

The program was officially launched by Fiji’s Minister of the Environment and Climate Change, Mosese Bulitavu, at a ceremony aboard the containership MV Apia Chief in Suva on July 11, 2025.

As explained, GHG savings are leveraged from second-generation biofuels used on any Swire Shipping vessel.

Carbon insetting allows companies to reduce their carbon footprint by investing in emissions reduction or carbon removal projects within their own value chain or sector. With Voyage to Zero, freight customers can purchase and claim GHG savings from second-generation biofuel voyages (through a book and claim chain of custody model), even if their cargoes are not transported on the same vessel.

Emissions savings are calculated based on comparisons with reference fossil fuels on an energy equivalent basis, using independently verified data.

“The launch of Voyage to Zero, and transition to biofuel, are important steps in our decarbonisation strategy that will allow us to provide greater support to customers looking