News / Shipper biofuel insetting helps finance Hapag-Lloyd retrofits

Photo: © Katrin May | Dreamstime.com

“More and more” of Hapag-Lloyd’s shipper customers are assisting the line’s retrofit campaign by participating in biofuel insetting programme Ship Green.

In times past, shipping lines have simply scrapped and renewed their fleets with greener vessels; but this is proving a challenge in the current market, with shipyards full and owners unlikely to see newly ordered vessels delivered before 2028.

This has spurred Hapag-Lloyd to embark on a campaign of retrofitting its existing fleet, including converting five vessels to methanol.

In conversation with ...