2024-04-30 08:59

Ocean Network Express Launches Green Shipping Solution



Ocean Network Express (ONE), a leading global shipping company, today announced the launch of its reduced emissions shipping service – ONE LEAF+, designed to meet the shared decarbonisation aspirations of the shipping industry. ONE LEAF+ offers customers the opportunity to proactively manage their own emissions and minimise environmental impact across the value chain.
 
ONE LEAF+ offers customers a range of benefits, including:
 
Reduced Carbon Footprint: ONE will deploy regulation-compliant alternative fuels on designated vessels, allowing customers to reduce Scope 3 GHG emissions on their shipments with ONE. Added Transparency: With ONE LEAF+, customers will receive certification indicating the CO2e savings verified by an independent third-party verifier for their shipments with ONE, empowering them to track their progress towards sustainability goals. Enhanced Partnerships: ONE will continue to collaborate with like-minded partners committed to sustainability initiatives.
 
Alternative Fuels and Carbon Management serve as the key initiatives for ONE in reaching its ambitious target of net-zero GHG emissions, including Scope 2 and Scope 3, by 2050. ONE will continue to implement actions outlined in its roadmap to achieve Net-Zero by 2050.
 
ONE LEAF+ stands for Low Emission-Able Freight. The “+” symbolises the advancement that ONE anticipates from decarbonizing the supply chain.
 
To calculate our customer’s existing emissions, ONE employs the industry-standard Clean Cargo Working Group methodology managed by Smart Freight Centre.
 
ONE’s biofuel selection criteria is to use only regulation-compliant fuels. Concurrently, ONE employs Used Cooking Oil Methyl Ester (UCOME) feedstock, which generates about 84% less well-to-wake CO2e emissions considering B100 compared to Very Low Sulphur Fuel Oil (VLSFO). UCOME is a second-generation biofuel made from used cooking oil which meets the EU RED definition of waste or residue. UCOME is a type of Fatty Acid Methyl Ester (FAME), which follows more stringent criteria.
 
Our process and methodology are certified by a third-party verification body, ClassNK, a leading authority on the book-and-claim process for carbon emissions savings in the transportation sector (aviation and shipping).
 
Customers purchasing ONE LEAF+ will receive an annual certificate certifying the volume of their GHG savings(any additional requirements will be subject to negotiation). 

< Korea Shipping Gazette >

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