Salzgitter AG and Oldendorff Carriers have collaborated on decarbonizing iron ore shipping by sea

As part of the agreement, starting from January 2026, Oldendorff will transport iron ore from various loading ports to Hamburg using bulk carriers focused on fuel efficiency. By optimizing cargo flows and routes, the collaboration is expected to reduce CO₂e emissions by at least 20%. These measures will not result in additional costs for Salzgitter; on the contrary, the reduction in fuel consumption will generate cost savings.

The project aims to reduce approximately 19,000 tons of CO₂e emissions annually. This is equivalent to removing more than 4,000 cars from the roads. In this context, the reductions achieved are accounted for as Scope 1 emissions for Oldendorff and Scope 3 emissions for Salzgitter.

Gunnar Groebler, CEO of Salzgitter AG, emphasized the importance of the collaboration:
"Within our SALCOS® project, we focus not only on decarbonizing internal steel production processes but also on relevant steps across the entire value chain. In this context, logistics especially the sea transport of raw materials plays a central role. We are pleased that Oldendorff, with whom we have worked closely for many years, is supporting us as a strong partner on this transformation journey."

Henrik Christiansen, Head of Sustainability and Executive Director at Oldendorff, stated:
"Decarbonizing maritime transport is a complex process that requires coordination across the entire value chain. This partnership with Salzgitter strengthens the bond between two major German companies and reflects the importance of collaborations that deliver meaningful progress in reducing emissions and developing sustainable transport solutions."

This German collaboration demonstrates that both companies are taking concrete steps to reduce emissions in their operations, in line with their decarbonization strategies.

Oldendorff’s fleet consists of modern “eco” bulk carriers that consume less fuel compared to previous-generation vessels. Advanced hull designs, modern engine technologies, and additional fuel-saving features contribute to reducing the carbon intensity per ton of cargo transported.

Salzgitter, one of Europe’s leading steel and technology companies, continues its transformation toward climate-neutral steel production through closed material cycles, energy optimization, and investments in new technologies.