Volvo Cars switches to renewable fuels for ocean freight

Volvo Cars has announced that most of its seafaring journeys will be made with renewable fuel instead of traditional fossil fuel.
The car company said it would achieve an immediate reduction in fossil CO2 emissions from intercontinental ocean freight by 55,000 tonnes over a year.
The fuel used is Fatty Acid Methyl Esters (FAME) and is based on renewable and sustainable sources, mainly waste cooking oil. No feedstock related to palm oil or palm oil production will be used.
“Renewable fuel is not the end game for removing CO2 from the world’s ocean freight needs,” said Javier Varela, chief operating officer and deputy CEO.
“Yet this initiative shows that we can act now and implement solutions that achieve significant results during the wait for long-term technological alternatives.
“We don’t view this initiative as a competitive advantage. On the contrary, we want to spark other car makers into action as well, to increase demand for carbon efficient ocean transports and to establish renewable fuels as a mid-term solution that works. We all have a responsibility to act.”
Volvo has been working on this initiative together with its logistics partners Maersk, Kuehne+Nagel and DB Schenker.