Svitzer has signed a global EcoTow agreement with the Wallenius Wilhelmsen group, a move which Svitzer says marks a major step in its decarbonisation journey and supports Wallenius Wilhelmsen’s ambition to reduce Scope 3 emissions across Svitzer’s global operations.
The agreement covers tug jobs across key markets such as Australia, the UK, and Scandinavia. By applying the mass balance principle, Svitzer can use biofuels across its network and bank the resulting CO₂ savings in its emissions ledger. These are then allocated to Wallenius Wilhelmsen, allowing the company to reduce emissions related to towage.
Ove Moring, Senior Manager Supplier Contracting and Equipment, Wallenius Wilhelmsen, said: “This collaboration demonstrates the importance of partnerships in our decarbonisation efforts. Working with a like-minded partner like Svitzer gives us a reliable path to reduce emissions beyond our direct operations.”
Sven Muchardt, Key Customer Manager, Svitzer, added: “We are excited to partner with Wallenius Wilhelmsen on this initiative to help address the shared challenges of decarbonisation. This agreement strengthens our collaboration while supporting both companies’ strategic goals.”
The deal reflects a growing customer demand for voluntary emissions reduction schemes that go beyond regulatory requirements. It also illustrates how Svitzer’s differentiated approach can support customers in accelerating their climate strategies.
Svitzer Head of Decarbonisation, Gareth Prowse, said: “We see EcoTow not only as a solution for today, but as a bridge to more transformative change. These agreements show that our customers are ready to act now, not later.”
Image: Svitzer will use biofuels to bank credits for client Wallenius Wilhelmsen (source: Svitzer)
