Korean Air expands cargo SAF program in partnership with CEVA Logistics
Korean Air announced that it will expand its cargo sustainable aviation fuel (SAF) program by partnering with global logistics company CEVA Logistics.
Korean Air’s customer-participation SAF program was launched in September 2023 to engage industry partners in supporting sustainable practices.
Jaedong Eum, Senior Vice President and Head of Korean Air’s Cargo Business Division said, “We are pleased with the strong support from businesses and cargo customers for our SAF program. We will continue to build partnerships that enable our customers to actively and directly contribute to decarbonization efforts.”
As per the agreement, CEVA Logistics will facilitate the airline’s adoption of SAF for its air cargo operations, and the two entities will share subsequent carbon emissions reductions. Both companies are dedicated to promoting SAF usage and increasing awareness of carbon emission reduction in the logistics industry.
Olivier Boccara, Air & Ocean Leader APAC, CEVA Logistics, added, “Extending our SAF offering into the Asian market is a tangible step we can take now as we look ahead to more advances in fuels and other technologies to decarbonize air freight and the global supply chain.”
Read more: LanzaJet secures MUFG investment to scale sustainable aviation fuel technology
In February 2022, Korean Air became the first Korean flag carrier to use SAF.
In September 2022, the airline signed a memorandum of understanding (MOU) with Shell to procure SAF at key airports across the Asia Pacific and the Middle East from 2026 to 2031.
The company said that in its commitment to sustainable aviation, Korean Air will continue to foster partnerships with its customers, energy companies, and stakeholders to support the adoption of SAF in the global aviation industry.
EIB Global supports €271 million Egyptian climate and...
-
During the EU-Egypt Investment Conferenc...
- 02/07/2024
Eco-gamers launch online video game to target asset...
-
A team of eco-gamers known as Serious Pe...
- 01/07/2024
EU regulators push for revisions in landmark ESG...
-
Regulators overseeing the markets, banki...
- 19/06/2024
Related News
Iberdrola, a Spanish renewables company, announced that it has acquired the “80% it did not control of Balantia”. Iberdrola had initially entered the firm’s capital […]
Japan’s largest steelmaker, Nippon Steel and trading house, Sumitomo Corp, announced that they have renewed a long-term contract with Norway’s Equinor to supply seamless steel pipes […]
Cepsa announced that it has entered a strategic partnership with PreZero Spain to advance objectives related to decarbonization. According to the agreement, PreZero Spain will […]
In a new critique of the voluntary carbon market, over 80 non-governmental organizations have urged corporations to exclude carbon offsets from their transition plans, arguing […]
Luxcara, an independent German asset manager for clean energy infrastructure projects, announced that it has signed a “preferred turbine supplier”. The asset manager has signed […]
Genex Power announced that it has secured a five-year $107 million senior debt facility for its 50MW Kidston and Jemalong solar projects in Australia. The […]