Hapag-Lloyd will wait to set explicit long-term climate target

Hapag-Lloyd's chief executive calls its competitors' target of being CO2 neutral by 2050 "an admirable goal". Yet the German container line will not adopt a similar target because it is based on unknown technologies. Meanwhile, a large-scale LNG bet is on the line, he explains.
Photo: Morris Macmatzen/Reuters/Ritzau Scanpix
Photo: Morris Macmatzen/Reuters/Ritzau Scanpix

German container shipping line Hapag-Lloyd is hesitant to set tangible, long-term climate targets, unlike competitors Maersk and CMA CGM.

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