Good things appear to have come out of the recent ‘transport logistic China’, held in Shanghai last week. On 26JUN24, Lufthansa Cargo and Best Services International Freight (BSI) announced their agreement to collaborate on the use of Sustainable Aviation Fuel (SAF). The Chinese logistics company has committed to investing a total of 137,000 liters of SAF with Lufthansa Cargo, thus offsetting some of the CO2 emissions caused by shipping via air.
J. Florian Pfaff, Lufthansa Cargo’s Head of Region Asia Pacific, announced: “Best Services International Freight is our first customer in China to opt for the use of more than 100 tons of SAF. Examples like this help reduce our CO2 emissions and promote the use of SAF worldwide. Every customer who takes advantage of this opportunity is making a significant contribution to the decarbonization of logistics. The interest shows us that there is great potential for this, especially in Asia.”
Dr. Wilson Wong, Group CEO of BSI, said: “The cooperation with Lufthansa Cargo strengthens our partnership. As China’s leading air cargo logistics company and an industry leader in the digitalization process, we combine progress with responsibility. With limited SAF production globally, agreements like this are of paramount importance.”
In other news that week and against the same backdrop: Lufthansa Cargo and WorldACD Market Data celebrated precisely 20 years as partners and renewed their agreement to participate in air cargo market data.
Frank Bauer, CFO and CHRO of Lufthansa Cargo, said at the contract signing in Shanghai: “We are pleased to announce that we have renewed our subscription to WorldACD’s market data. As a data-driven company, the completeness, depth, and reliability of WorldACD’s market data are essential for our commercial decision-making, and improve our strategic planning.”
Ken de Witt Hamer, CEO of WorldACD Market Data, added: “We look back on a very pleasant and productive co-operation with Lufthansa Cargo, and we look forward to the next 20 years of working together. We particularly like the engagement of the staff at Lufthansa Cargo: they keep us on the tip of our toes, and continue to make suggestions for further innovation, which contributes to WorldACD’s product development.”
