Sustainable shipping

Shipping is an energy-efficient way of transporting goods. Vessels actually consume less energy than trains when you compare the energy consumption per transported united. Despite this, shipping needs to become more sustainable. Shipping’s share of global greenhouse gas emissions is between 2 and 3 percent. Therefore, the United Nations Maritime Organization, IMO, has adopted the goal of reducing greenhouse gases from international shipping by at least 50 percent by 2050 compared to 2008, and to aim for phasing out fossil fuels completely before the end of the century. But we can not wait that long. In addition, the major challenge for shipping is emissions of sulfur dioxide and nitrogen oxides.

What is sustainable shipping?

Truly sustainable shipping should not leave a negative mark on the environment or on humans, and provide a reasonable economic return. Environmental challenges must be solved at the source without causing new problems, what we call upstream solutions. To achieve our goal of zero emissions, we have the roadmap ZERO (Zero Emission RoRo) as well as extensive work with digitization, sustaintech and strategic partnerships.

Two companies

Soya Group has two companies that is active in shipping: Wallenius Marine and Wallenius Lines.

Wallenius Marine was formed in 2003. The company offer ship management, designs ships of the future and leads newbuilding projects. Thanks to an integrated approach, operational feedback from seafarers can be used to optimize design and improve the performance of next-generation vessels. Wallenius Marine has designed and built more than 70 car carriers since the mid-1990s, and they have been built at shipyards in Japan, Korea and China.

Wallenius Lines developed the entire RoRo concept (Roll-on / Roll-off) in the 1960s and is today an investor and active owner in the global shipping industry. The company owns parts of:

• UECC (United European Car Carrier) together with Japanese NYK since the early 1990s.
• Wallenius Wilhelmsen ASA together with Wilh. Wilhelmsen Holding ASA since 1999. Wallenius Wilhelmsen ASA has been listed on the Oslo Stock Exchange since 2017.
• WALLENIUS SOL, together with the Gothenburg-based company Swedish Orient Line (SOL). WALLENIUS SOL was formed in April 2019 with the aim of strengthening the infrastructure on the Baltic Sea for the Swedish and Finnish industry.