Responsible for approximately 1 percent of global emissions, Maersk Line, the worlds largest shipping company, has been determined to reduce its carbon dioxide output in order to cut operational costs on fuel and improve sustainability. As a result of this ambition, Maersk managed to save $764 million on fuel over 2013 by cutting its carbon dioxide output by 12 percent. This massive saving is primarily due to a number of new investments and initiatives, including slower journeys to optimize fuel consumption and stopping ships at more ports to maximize capacity use. In addition, the Denmark-based shipping giant has been actively upgrading existing ships and deploying new and more efficient vessels such as the company's fleet of Triple-E ships.
Maersk Line has now added four Triple-E vessels, which are 400-meter-long container ships, to its fleet over the last year and insists that they emit 50 percent less carbon dioxide per container, when compared to the industry average on the Asia-Europe trade lane. This is a ground-breaking achievement for the company as greater savings are expected in the coming years as 16 more vessels are expected to be added to the company's fleet. At the same time as reducing emissions, Maersk Line grew its business by more than 4 percent, estimating its customers saved 2.6 million metric tons of carbon dioxide emissions in 2013 by shipping their goods with the company, compared to an industry-average competitor.
Jacob Sterling, head of sustainability at Maersk Line, explained that customer demand driven by the company's sustainability performance took off this year. Sterling stated that many large clients, representing 19 percent of Maersk's business, have requested tailored sustainability information as part of their business relationship with the shipping giant. Sterling also noted that Maersk is strongly committed to moving their cargo with a lower environmental impact year by year, thereby helping them deliver on their own long-term sustainability promises.