GREEN WORLDWIDE SHIPPING JOINS ZEMBA’S HISTORIC INITIATIVE TO PROMOTE ZERO-EMISSION MARITIME SOLUTIONS

2024-03-11T16:46:45+00:00September 14th, 2023|Freight Talk, Green News, Shipping News, Sustainability|

Green Worldwide Shipping® is proud to announce our participation in a groundbreaking Request for Proposals (RFP) initiated by Zero-Emission Maritime Buyers’ Alliance (ZEMBA). The Alliance announced this week that it seeks maritime carriers for bids to move 600,000 twenty-foot containers (TEUs) on zero-emission fuel-powered ocean vessels over three years. The goal of this pioneering initiative is to reduce nearly 1 million metric tonnes of carbon emissions – equivalent to taking 215,000 cars off the road.

“This RFP is a significant milestone toward a zero-emission maritime future. With over 20 climate-leading companies engaging in ZEMBA’s inaugural tender process, and more to come, we’re building the business case for a surge of investment in zero-emission maritime solutions, including new fuels and technologies that are not yet commercially available. Real leadership means taking action to solve problems, even the most challenging, and being willing to try innovative approaches. Advanced market commitments can be a game changer for harder-to-abate sectors like ocean shipping. I applaud our ZEMBA members for their leadership.”
Ingrid Irigoyen, President and CEO | ZEMBA

GLOBAL COMPANIES LAUNCH HISTORIC TENDER

Green Worldwide Shipping® joins a consortium of over 20 companies, including giants like Amazon, Electrolux Group, IKEA, and Patagonia, in this historic tender. The group’s mission is to accelerate the commercial deployment of zero-emissions shipping services, cultivate a competitive market for these services, and combat carbon emissions. What sets the ZEMBA tender apart is its ambitious goal of achieving a minimum 90% reduction in greenhouse gas emissions compared to traditional fossil fuels on a lifecycle basis. Beyond emission reductions, the selection of fuels also addresses safety and land use considerations, particularly those related to biogenic substances. The rollout of shipping services powered by these cleaner fuels is slated to commence in 2025.

Green Worldwide Shipping® is honored to be a part of ZEMBA’s mission to accelerate the adoption of zero-emission maritime fuels and excited to offer this solution to our customers. This initiative aligns with Green’s commitment to environmental sustainability and marks a pivotal moment in the shipping industry’s decarbonization journey.
Anne Shudy Palmer, Director of Sustainability | Green Worldwide Shipping

CREATING A GREENER FUTURE

ZEMBA’s approach includes negotiations for a “green premium” to account for the additional costs associated with operating vessels using zero-emission fuels. The organization aims to establish a new market for zero-emission fuels, facilitating the deployment of scalable and sustainable solutions for the entire shipping industry. Final contracts will be executed through bilateral agreements between ZEMBA members and the selected bidder. As part of the RFP tender process, bidders must provide vessel and fuel assurances as requested by ZEMBA. The winning bidder is also obligated to arrange for third-party verification of the emissions reductions claimed by ZEMBA members.

ABOUT ZEMBA

ZEMBA is an initiative of Cargo Owners for Zero Emission Vessels (coZEV), a platform for cargo owners to work together toward a decarbonized maritime sector, facilitated by the Aspen Institute’s Energy and Environment Program. The coZEV 2040 Ambition Statement has united 19 global brands to date around an ambition to use zero-emission shipping for their ocean freight by 2040 exclusively. At COP27 in Sharm El Sheikh, Egypt, coZEV released the coZEV Roadmap to 2040 which outlined actions available to cargo owners to enable full decarbonization of their ocean freight by 2040. ZEMBA will make subsequent announcements in the coming months.

ABOUT GREEN WORLDWIDE SHIPPING

Green Worldwide Shipping® is a private, wholly owned and independent third-party logistics firm founded in 2008 on the basic principles of respect, dedication, and best-in-class customer service. Green’s growing team of supply experts are located in over 16 offices across the U.S. and offer global services for ocean shipping, airfreight, customs brokerage, regulatory trade compliance, warehousing, distribution, project cargo and global supply chain visibility for some of the world’s leading international brands.

MAKE YOUR FREIGHT MATTER

Choose Green Worldwide Shipping® and a tree will be planted for every one of your shipments. Contact us to get started today!

To discover more about Green Worldwide Shipping’s commitment to sustainability, visit https://www.greenworldwide.com/sustainability/

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