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Kuehne+Nagel commits to save emissions of 40,000 TEUs through use of waste-based next-gen biofuel, which has a circular carbon lifecycle aimed at re-using waste; company guarantees customers a 100% avoidance of GHGs in sea transport using fuel

Alaska Airlines to purchase 37 million gallons/year of sustainable aviation fuel from Gevo for five years starting 2026; conditions of deal include Gevo constructing one or more SAF production facilities as contemplated in the agreement

Lufthansa, Shell sign MoU to cooperate on sustainable aviation fuels, supporting their respective sustainability targets; they intend to agree on a contract for total supply volume of up to 1.8 million tonnes of SAF starting in 2024, over seven-year term

Berlin-based supply chain platform Forto and Hapag-Lloyd partner to launch biofuel program for full-container-load ocean shipping customers to help reduce scope 3 emissions; platform serves 2,500 customers, including manufacturing and e-commerce brands

Lumber production rapidly expanding in Louisiana, with six projects announced since May 2021 amounting to nearly US$700M in new investment; two projects that use wood pellets for biofuel have also been announced, adding to market for sawmill by-products

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