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Transporting commodities by freight is the most efficient, low-carbon way to service global food value chains and promote food security. Some 90% of global trade by volume is transported by sea.
transported by sea.
The maritime freight sector is expected to grow as global trade expands, and is experiencing significant transformation, influenced by evolving technology, environmental regulations and shifting trade patterns.Our worldwide maritime logistics and large modern fleet help to ensure safe and timely delivery of our commodities. As a charterer, we operate a fleet of third-party-owned vessels, primarily for the dry bulk shipping of agricultural commodities from regions worldwide.
The sector accounts for approximately 2-3% of global CO2 emissions, which has led to increased regulatory requirements.
COFCO International Freight is committed to the International Maritime Organization’s (IMO) mission to achieve net zero global shipping emissions by 2050, and is taking action towards our science-based climate targets. The sector accounts for approximately 2-3% of global CO2 emissions.
“To help lower the greenhouse gas footprint of our time-chartered vessels, we optimise routes and promote fuel efficiency. These emissions represent some 75% of our Scope 1 and 2 emissions. In 2024, we reduced our Scope 1 and 2 industry emissions by 38% compared to our 2021 baseline.”
“We also support the efforts of the IMO to regulate sulphur output in the shipping industry and protect the environment from harmful ballast water. ”
“We are working with a growing number of ECO-classified bulk carriers, installing exhaust cleaning systems on our newbuild fleet and trialling testing ultra-low sulphur marine fuel solutions.”
Together with the maritime freight industry, we are collaborating to promote innovation for freight decarbonisation, including through the Global Maritime Forum’s Getting to Zero coalition, Suisse Négoce, and events such as Geneva Dry. As part of our commitment to the Sea Cargo Charter, we have improved our monitoring of fuel emissions for chartered vessels.
Length: 260-270 meters
Beam: 42-45 meters
Deadweight: 170,000 - 200,000 tonnes
Draft: 18-20 meters
Cargo: Ores and Minerals
Length: 225-235 meters
Beam: 32-38 meters
Deadweight: 70,000 - 85,000 tonnes
Draft: 13-15 meters
Cargo: Grains, Oilseeds, Fertilizers, Ores and Minerals
Length: 170-195 meters
Beam: 28-32 meters
Deadweight: 28,000 - 63,000 tonnes
Draft: 10-13 meters
Cargo: Grains, Oilseeds, Fertilizers, Minor Grains, Ores, Minerals and Minor Bulk