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Home»Energy»AtoB@C Shipping, Yara International extend sustainability-driven cooperation
Energy

AtoB@C Shipping, Yara International extend sustainability-driven cooperation

January 12, 2025
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AtoB@C Shipping Extends Contract with Yara International Until 2033

AtoB@C Shipping, a Swedish subsidiary of Finland-based shipping company ESL Shipping, and Norway’s Yara International, a crop nutrition company and provider of environmental and agricultural solutions, have announced the extension of their existing contract of affreightment (COA) until 2033.

The extended contract solidifies AtoB@C Shipping’s commitment to serving Yara’s factories across Northern Europe using their Green Coaster vessels, which are optimized for a variety of bulk and breakbulk products. These vessels offer a sustainable solution to maritime transport, aligning with the companies’ focus on environmental responsibility.

Last year, AtoB@C Shipping added five new plug-in hybrid coasters to their fleet, with the latest addition being the Maximar, a fifth battery hybrid unit that joined the company in December 2024. These next-gen vessels boast a deadweight of 5,350 dwt and reduce CO2 emissions by 50% compared to the current generation of vessels.

“The contract extension is a testament to long-term demand from the Nordic industry. This collaboration between AtoB@C Shipping and Yara highlights the increasing importance of sustainability in industrial transport partnerships,” commented Frida Rowland, Commercial Director of AtoB@C Shipping.

“AtoB@C Shipping is part of Yara’s Core-Owner group, and we are pleased to extend our cooperation with them to work towards long-term solutions that improve efficiency and reduce emissions in maritime transport,” said Norbert Huys, Senior Manager of Short Sea Chartering at Yara Maritime Logistics.

As part of ESL Shipping, AtoB@C Shipping is dedicated to reducing emission intensity by 30% by 2030 and achieving net zero emissions by 2040. The group collectively operates over 40 vessels with cargo capacities ranging from 4,000 to 25,000 dwt, demonstrating a strong commitment to sustainability.

See also  Shipping Industry Adopts Tougher Safety Standards to Snuff Out Charcoal Fires on Ships

ESL Shipping and its subsidiaries are actively involved in initiatives like the Science-Based Targets initiative and have received the Platinum medal in the Ecovadis sustainability rating, further showcasing their dedication to environmentally conscious practices.

AtoBC Cooperation extend International Shipping sustainabilitydriven Yara
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