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DB Schenker and Hyundai Merchant Marine Go Green
[ September 4, 2015 // Gary G Burrows ]DB Schenker Logistics and Hyundai Merchant Marine (HMM) are committed to protecting the environment.
As part of their effort, earlier this year the two signed a six-year strategic agreement on reducing CO2 emissions from ocean freight. In signing the commitment, the Seoul-based HMM has agreed to reduce the CO2 emissions of every container it ships on behalf of DB Schenker Logistics until 2020 by 17 percent compared to 2014 levels.
The effort marks the first agreement of its kind with an Asian carrier.
“This is the first agreement between a global logistics services provider and an Asian container shipping company,” said Dr. Karl-Friedrich Rausch, Management Board Member for Transportation and Logistics at DB Mobility Logistics AG and Chief Sustainability Officer of Deutsche Bahn AG.
Furthermore, Dr. Rausch sees the agreement as a milestone because it represents the mutual commitment on sustainability with carriers across the globe.
“The objective of the six-year agreement is to fuel customers’ interest in sustainable ocean freight on the market by bringing aspects of sustainability into business decision-making processes,” he said.
HMM is the fourth partner to sign such agreement. Maersk, Hapag Lloyd and Hamburg Sued are also committed to reducing C02 emissions for ocean freight.
Tags: DB Schenker Logistics, Hyundai Merchant Marine