GOODSHIPPING and SQUAKE Join Forces to Accelerate Decarbonization in Ocean Shipping

Berlin, Germany / Amsterdam, Netherlands - November 12, 2024

Ocean shipping accounts for 1 billion metric tons of CO₂ emissions annually, nearly 3% of global greenhouse gas emissions, making it a significant driver of climate change.

Today, GoodShipping and SQUAKE are proud to announce a strategic partnership aimed at transforming the shipping industry by offering accessible, sustainable solutions that empower businesses worldwide to drastically cut their maritime emissions.

Through this collaboration, GoodShipping and SQUAKE combine forces to facilitate cargo owners in decabonising their scope 3 transportation emissions with Insetting. Using GoodShipping’s digital book and claim model, SQUAKE enables companies to engage in more sustainable ocean transportation without needing access to sustainable biofuels.By decoupling the physical fuel supply from its environmental impact, businesses can invest in sustainable biofuels globally, empowering broader emission reduction efforts and advancing climate action in the shipping sector.

Integrated directly into the booking flow through SQUAKE's API, the insets offer freight owners direct access to sustainable solutions with transparency and traceability. Certificates and data-backed insights provide verification and visibility, while guaranteed minimum emission reductions of 75%, and up to 90% depending on the type of sustainable biofuel, demonstrate the power of this partnership’s impact.

With this collaboration, GoodShipping and SQUAKE are redefining how the shipping industry approaches decarbonization, making sustainable ocean freight achievable and accessible for businesses everywhere.