* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Friday, August 29, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    ‘Netflix House’ entertainment complexes are coming. Here’s when they open – Los Angeles Times

    Exciting News: Netflix’s House Entertainment Complexes Are Opening Soon!

    ‘Big Brother’s’ Rylie Jeffries Finally Speaks Out on Katherine Woodman Controversy – El Paso Inc.

    Big Brother’s Rylie Jeffries Finally Speaks Out on Katherine Woodman Controversy

    ‘SNL’ Parts Ways With Emil Wakim Amid Rumored Season 51 Cast Shakeup – yahoo.com

    SNL Shakes Up Season 51 Cast with Emil Wakim’s Surprising Exit

    Do you have a favorable or an unfavorable opinion of Taylor Swift? – YouGov

    Do You Love Taylor Swift or Not? Share Your Thoughts!

    Upload Season 4 Review – yahoo.com

    Upload Season 4 Review: A Thrilling New Chapter Unveiled

    ‘The Roses’ review: Olivia Colman, Benedict Cumberbatch sparkle in dark comedy – Yakima Herald-Republic

    The Roses’ Review: Olivia Colman and Benedict Cumberbatch Shine in Dark Comedy Delight

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    13 Top Technology Trends (2025) – Exploding Topics

    13 Game-Changing Technology Trends to Watch in 2025

    Japan’s legacy LCD and chip technology find new home in India – Nikkei Asia

    How Japan’s Breakthrough LCD and Chip Technologies Are Driving Innovation in India

    ITSWC 2025: Thursday sessions guide – Traffic Technology Today

    Your Ultimate Guide to Thursday Sessions at ITSWC 2025

    MC Machinery Technology Summit Showcases Manufacturing Innovations – Modern Machine Shop

    MC Machinery Technology Summit Unveils Cutting-Edge Manufacturing Innovations

    US-ROK Technology Cooperation Faces Rising Tensions – The National Interest

    Rising Tensions Put US-South Korea Technology Partnership to the Test

    The Role of AI and Technology in Shaping the Future of Interactive Entertainment – Technology Org

    How AI and Technology Are Transforming the Future of Interactive Entertainment

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    ‘Netflix House’ entertainment complexes are coming. Here’s when they open – Los Angeles Times

    Exciting News: Netflix’s House Entertainment Complexes Are Opening Soon!

    ‘Big Brother’s’ Rylie Jeffries Finally Speaks Out on Katherine Woodman Controversy – El Paso Inc.

    Big Brother’s Rylie Jeffries Finally Speaks Out on Katherine Woodman Controversy

    ‘SNL’ Parts Ways With Emil Wakim Amid Rumored Season 51 Cast Shakeup – yahoo.com

    SNL Shakes Up Season 51 Cast with Emil Wakim’s Surprising Exit

    Do you have a favorable or an unfavorable opinion of Taylor Swift? – YouGov

    Do You Love Taylor Swift or Not? Share Your Thoughts!

    Upload Season 4 Review – yahoo.com

    Upload Season 4 Review: A Thrilling New Chapter Unveiled

    ‘The Roses’ review: Olivia Colman, Benedict Cumberbatch sparkle in dark comedy – Yakima Herald-Republic

    The Roses’ Review: Olivia Colman and Benedict Cumberbatch Shine in Dark Comedy Delight

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    13 Top Technology Trends (2025) – Exploding Topics

    13 Game-Changing Technology Trends to Watch in 2025

    Japan’s legacy LCD and chip technology find new home in India – Nikkei Asia

    How Japan’s Breakthrough LCD and Chip Technologies Are Driving Innovation in India

    ITSWC 2025: Thursday sessions guide – Traffic Technology Today

    Your Ultimate Guide to Thursday Sessions at ITSWC 2025

    MC Machinery Technology Summit Showcases Manufacturing Innovations – Modern Machine Shop

    MC Machinery Technology Summit Unveils Cutting-Edge Manufacturing Innovations

    US-ROK Technology Cooperation Faces Rising Tensions – The National Interest

    Rising Tensions Put US-South Korea Technology Partnership to the Test

    The Role of AI and Technology in Shaping the Future of Interactive Entertainment – Technology Org

    How AI and Technology Are Transforming the Future of Interactive Entertainment

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home News

Hapag-Lloyd CEO: Industry must work together to create a level-playing field

September 22, 2023
in News
Hapag-Lloyd CEO: Industry must work together to create a level-playing field
Share on FacebookShare on Twitter

Home Green Marine Hapag-Lloyd CEO: Industry must work together to create a level-playing field

The shipping industry needs to work together to accelerate the energy transition and establish a level playing field, ensuring Europe’s competitive edge on the global stage, Rolf Habben Jansen, CEO of Hapag-Lloyd AG, said yesterday in a powerful address at the European Shipping Summit (ESS) in Brussels.

Rolf Habben Jansen, CEO of Hapag-Lloyd; Image by Hapag-Lloyd

The European Shipping Summit 2023 in Brussels 19-20 September brought together representatives from across the maritime industry, government, finance, as well as energy and technology industries to address some of the most pressing topics for the future of the industry and of Europe. 

Jansen, who is also the co-chair of the World Shipping Council’s Board, availed of the opportunity to share his views on the latest challenges the industry faces, the most pressing one being decarbonization and the sector’s approach to facilitating the transition while leaving no one behind.

The message of sector-wide collaboration comes at a critical time for European shipping, as the European Union’s Emissions Trading System (EU ETS) is on the verge of entering into force.

The EU ETS represents a monumental shift in the maritime industry’s approach to environmental responsibility and carbon emissions. With its implementation, shipping companies will be required to cap their emissions and obtain allowances for the greenhouse gases they produce. This significant regulatory change not only underscores the pressing need for sustainability but also the urgency for the entire sector to work collectively towards greener practices

Posted: 9 months ago

Posted: about 1 month ago

“Four of the five largest liner shipping companies have their historical roots and headquarters in Europe, and together they account for roughly half of the global container fleet. This is a great legacy and a big asset at the same time. And it also means that Europe needs to set the stage – and be in the driver’s seat – for our industry’s energy transition,” he said.

Over 50% of container vessels currently under order and scheduled for delivery prior to 2027 are designed to operate on renewable fuels. That being said, the environmental impact of these vessels is contingent on the sustainability of the fuels they utilize. The summit stressed the urgent need to expand green electricity production, fuel manufacturing, and distribution systems.

While the EU Green Deal aims to boost green energy production in Europe, global regulations are seen as crucial for the transition. It was emphasized that industry cooperation between carriers and fuel providers is essential to establish the required market structures to meet global greenhouse gas reduction targets.

Investment in green energy for renewable maritime fuel production and infrastructure is seen as both an environmental necessity and a means to preserve Europe’s competitive position and facilitate the broader energy transition.

Hapag-Lloyd’s sustainability journey

Sustainability is high on the company’s agenda, Jansen pointed out, as Hapag-Lloyd aims to make its fleet carbon-neutral by 2045.

“This journey involves substantial investments in dual-fuel vessels, the usage of alternative fuels, upgrades to our existing fleet, and innovative solutions like our biofuel-based product Ship Green,” he said.

“However, to accelerate the energy transition, we must also ensure the right economic and regulatory framework, both to create a level playing field for all players and to secure Europe’s competitiveness. Europe, with its heritage and leadership in shipping, must set the course for the transformation of our industry – while being open to talent from abroad to drive innovation and growth.“

Biofuels are a significant part of the company’s sustainability efforts, and the shipowner plans to use more than 150,000 tons of biofuel this year.

Most recently, the German liner major entered into a partnership with compatriot logistics provider DB Schenker for emission-reduced container transports with waste- and residue-based biofuel.

The deal follows the launch of Hapag-Lloyd’s “Ship Green” product in May enabling customers to transport their cargo on biofuel blends to cut emissions. The product offers three different options, representing different levels of CO2e emission reduction for the ocean leg of the shipment: 100%, 50% or 25%.

By the end of 2023, DB Schenker plans to claim approximately 3,000 metric tonnes of carbon dioxide equivalent (CO2e) emissions avoidance. This is based on at least 1,000 tonnes of pure biofuel.

Posted: about 1 month ago

The deal comes on the heels of what was a ‘slower than expected’ uptake start after the product launch. Nevertheless, after a rather ‘disappointing’ kick-off, the uptake has accelerated considerably, according to Hapag-Lloyd.

Additionally, Hapag-Lloyd has invested in dual-fuel containerships, which can reduce emissions by up to 25%, and it is also working on vessel upgrades to increase fuel efficiency.

In August, Hapag-Lloyd took delivery of its second LNG-powered 23,600 TEU containership, Manialla Express, from Hanwha Ocean, formerly known as Daewoo Shipbuilding & Marine Engineering Co. (DSME). The shipping major has twelve LNG-powered ultra-large containerships on order and the last vessel from the series is expected to be delivered by the end of 2024.

Jansen disclosed earlier that the company would stay clear from any massive ordering of ships in the near future, unlike its counterparts Ocean Network Express (ONE) and Evergreen which have made considerable investments in methanol and ammonia-ready newbuilds.

“I don’t think you should expect anything from us anytime soon. Keep in mind that one of our considerations is that there’s not that much clarity on future propulsion even if we see some investments LNG and methanol and other things. Therefore, we have opted to to take a number of existing ships that will become available in the upcoming couple of years, which means that in terms of size we will remain comparable to what we have today,” Jansen said in a recent virtual session held at the beginning of September.

The uncertainty with regard to future propulsion in the container shipping industry comes at a difficult time for the market which is experiencing considerable overcapacity with rates comparable with those from 2019 and costs rising about 25 percent.

When examining the order book and the influx of new ships, the order book is still fairly high. However, it’s important to note that the order book as a percentage of the global fleet is significantly lower than it was in the past. In addition, the average age of global fleets is higher today, which is expected to result in more scrapping in the years to come. This means that overcapacity will be absorbed more quickly, Jansen predicts.

Another significant factor is the new IMO CII, which will either accelerate scrapping or require ships to slow down to remain compliant, leading to the need for additional ships, Jansen explains.

Regarding supply and demand, it is expected that in 2023 and 2024, supply growth will outpace demand. The projected demand growth for 2023 at around 2 percent may be somewhat pessimistic, but this will only be confirmed at the end of the year. However, it is clear that supply growth is likely to exceed demand growth by a few percentage points.

As Hapag-Lloyd moves ahead with the drafting of its new strategy, 4 main pillars will be at the forefront, the first one being finding a way to remain profitable throughout the cycle in order to continue to invest in the future.

The company intends to remain a global player, focusing on a number of growth markets, as Southeast Asia and India emerge as key beneficiaries of a shift away from China.

Posted: 5 months ago

Quality of service and the road to zero carbon shipping are the remaining two elements seen as critical for the company as it plans its efforts and investments in that area.

In conclusion, Hapag-Lloyd’s primary challenge moving forward will be to navigate the evolving market dynamics while maintaining a steadfast focus on its long-term strategic goals. Despite the anticipated challenges and headwinds, Jansen is confident in the company’s financial strength and resilience to weather the storm.

“Our robust balance sheet, coupled with a manageable investment and contingency plan, along with a strong cash position, provides us with the confidence that we can endure even in a period of significant market volatility. This ensures that we remain well-prepared to face the uncertainties ahead and continue our journey towards sustainable growth and success,” Jansen said in the recent live-streamed session.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : OffshoreEnergy – https://www.offshore-energy.biz/hapag-lloyd-ceo-industry-must-work-together-to-create-a-level-playing-field/

Tags: Hapag-LloydIndustrynews
Previous Post

Epaper_23-09-22 ISB

Next Post

As Florida Governor pledges to unleash ‘American energy dominance’ and slash gas prices to $2 by 2025, California hits out at fossil fuels industry

Lake Tanganyika cichlids partition habitat by time – Nature

Lake Tanganyika Cichlids Divide Their Habitat by Time for Survival

August 29, 2025
Ancient Life “Wakes Up” After 100 Million Years Under the Seafloor – IFLScience

Ancient Life Resurfaces After 100 Million Years Hidden Beneath the Seafloor

August 29, 2025
Golden Apple: Seward science teacher helps students soar – KOLN | Nebraska Local News, Weather, Sports | Lincoln, NE

Golden Apple Award: Seward Science Teacher Inspires Students to Soar

August 29, 2025
Maverick Lifestyle Inc.’s Beta Climbs After Market Volatility getLinesFromResByArray error: size == 0 – thegnnews.com

Maverick Lifestyle Inc.’s Beta Climbs After Market Volatility getLinesFromResByArray error: size == 0 – thegnnews.com

August 29, 2025
13 Top Technology Trends (2025) – Exploding Topics

13 Game-Changing Technology Trends to Watch in 2025

August 29, 2025
With Micah Parsons trade following Luka Dončić blockbuster, Dallas sports fans continue to have miserable year – CBS Sports

Micah Parsons Trade After Luka Dončić Blockbuster Leaves Dallas Sports Fans Reeling

August 29, 2025
Mismatches will not halt Women’s Rugby World Cup momentum, insist organisers – The Guardian

Women’s Rugby World Cup Momentum Unstoppable Despite Challenges, Organisers Insist

August 29, 2025
Europe Is Spending Big on Defense. Will That Help Its Ailing Economy? – The New York Times

Europe Is Spending Big on Defense. Will That Help Its Ailing Economy? – The New York Times

August 29, 2025
‘Netflix House’ entertainment complexes are coming. Here’s when they open – Los Angeles Times

Exciting News: Netflix’s House Entertainment Complexes Are Opening Soon!

August 29, 2025
CDC director’s firing prompts health concerns : The News4 Rundown – NBC4 Washington

Firing of CDC Director Ignites Nationwide Health Alarm

August 29, 2025

Categories

Archives

August 2025
MTWTFSS
 123
45678910
11121314151617
18192021222324
25262728293031
« Jul    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (796)
  • Economy (815)
  • Entertainment (21,694)
  • General (16,739)
  • Health (9,856)
  • Lifestyle (829)
  • News (22,149)
  • People (816)
  • Politics (822)
  • Science (16,025)
  • Sports (21,314)
  • Technology (15,796)
  • World (797)

Recent News

Lake Tanganyika cichlids partition habitat by time – Nature

Lake Tanganyika Cichlids Divide Their Habitat by Time for Survival

August 29, 2025
Ancient Life “Wakes Up” After 100 Million Years Under the Seafloor – IFLScience

Ancient Life Resurfaces After 100 Million Years Hidden Beneath the Seafloor

August 29, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version