Many companies aim to reduce their CO2 emissions to achieve their climate targets. At the beginning of the year, our long-standing customer, Danish Pamatek, purchased ocean biofuel for all their expected ocean freight from China in 2024 upfront. Their decision is a commitment to reducing their ocean freight emissions by 100%, and in doing so, they will also benefit from avoiding the EU ETS surcharge on ocean freight. Their commitment confirms that CO2-neutral transport is becoming increasingly crucial for competition.
