5.8 C
Thursday, April 18, 2024
Home News Cargotec, SSAB partner to bring zero-emission recycled steel to the cargo and...

Cargotec, SSAB partner to bring zero-emission recycled steel to the cargo and load handling industry

Cargotec and SSAB are expanding their collaboration by introducing SSAB Zero™, a fossil carbon emission-free recycled steel, to the cargo and load handling industry.

This year, Cargotec intends to progressively incorporate this steel into its products.

Already, the collaboration has resulted in the launch of the world's first load-handling equipment, a MULTILIFT hook lift built of fossil-free steel. Hiab, a Cargotec company, exhibited a prototype of this hook lift in September 2022.

SSAB Zero™ and, eventually, fossil-free steel will be key factors in this mission.

"As a provider of cargo and load handling equipment and solutions, we are a major user of steel. Whenever possible, we give preference to materials with a smaller carbon footprint than traditional alternatives, and SSAB Zero™ provides a zero-emission and circular solution," says Päivi Koivisto, vice president of sustainability at Cargotec.

Cargotec stated in its release that SSAB Zero™ has zero fossil carbon emissions in operations, including purchased energy and transport (less than 0.05 kg CO2e emissions per kilogramme of steel in scopes 1 and 2). SSAB uses market-based emission factors for the power it uses and may be able to acquire fossil-free electricity through origin guarantees.

As SSAB has implemented a system to manage and ensure the correct source and use of alternatives related to the production of SSAB Zero™, fossil fuels remain in the ground. Because only recycled steel is used as a raw material, SSAB Zero™ promotes the circular economy. Neither Cargotec nor SSAB participates in carbon-emission offsetting activities.

Latest Posts

Singapore Shipping Association unveils tool to enhance cyber risk management

Singapore Shipping Association (SSA), a trade association advocating for the interests of over 500 Singapore-based companies involved in ship owning, operating, and maritime services,...

MSC applies new prices from Far East to Europe

Swiss/Italian container carrier MSC will implement the following new Freight All Kind (FAK) rates from Asia to Europe. Effective as from 1 May but not...

Port of Antwerp-Bruges handles over 3.2 million TEUs in first quarter

The Port of Antwerp-Bruges said that despite the ongoing complexities in geopolitics and macroeconomics, its volume growth, primarily driven by a resurgence in container...

Port of Rotterdam achieves 10% CO2 emission reduction in 2023

In 2023, there was a 10% reduction in CO2 emissions at the port of Rotterdam compared to 2022, amounting to a decrease of 2.2...

ONE and Portchain ink deal to drive sustainability

In the fall of 2023, Ocean Network Express (ONE) partnered with Portchain to focus efforts on enhancing collaboration with container terminals through the innovative...