German dry bulk owner and operator Oldendorff Carriers and Canadian mining company Teck Resources Limited have signed an agreement to employ energy-efficient bulk carriers for shipments of Teck steelmaking coal from the Port of Vancouver to international destinations.

The partners aim to reduce CO2 emissions in the steelmaking coal supply chain.

As informed, the initiative is expected to achieve a CO2 emissions reduction of 30 – 40 per cent for shipments handled by Oldendorff. The estimated savings can be of up to 45,000 tonnes of CO2 per year, equivalent to removing nearly 10,000 passenger vehicles from the road.

Oldendorff’s fleet of ‘Eco’ bulk carriers achieve significant fuel savings, owing to their energy-saving design, fuel-efficient engines, maximizing cargo size and utilizing advanced voyage optimization. Oldendorff’s fleet of approximately 700 bulk carriers from Handysize to Capesize gives Teck shipping flexibility and reduced carbon intensity on each voyage.

 

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Oldendorff to help reduce CO2 emissions in bulk supply chain