Business Lines

Freight

From Strength to Strength

In a year of record-high volatility, our Freight Platform improved on its already strong performance across all vessel sizes, delivering its best results in a decade.

Fleet Optimization

Despite historic fleet disruption, seaborne flow dislocation and concern over crew health and well-being in the context of the Covid-19 pandemic, LDC ensured the timely positioning of its chartered fleet to optimize performance.

A Sustainable Course

LDC became a founding signatory of the Sea Cargo Charter, joining forces with peers toward coordinated assessment of maritime industry climate impact, within a new global framework designed to further align environmentally responsible chartering activities.

Sebastien Landerretche
Head of Freight

“As a leading global charterer, LDC is committed to driving toward a more sustainable shipping industry. Collaboration is key in aligning responsible practices – even more so in today’s context, with the added challenges and restrictions caused by Covid-19. We look forward to working with other industry stakeholders for a greater, more lasting and far-reaching impact.”

More Freight Highlights

In line with LDC’s transparent reporting efforts, we continued to disclose the carbon footprint of our shipping activities, as the basis to improve efficiency and sustainability.

In the context of Covid-19, we strengthened our digital proficiency for home working and took steps to maximize fleet efficiency, anticipating and adapting to the pandemic’s impact on energy markets, shipping routes and congestion.

We adopted new IT systems to further leverage in-house data, and digital solutions such as electronic charterparties, driving improved productivity, transactional efficiencies and more acute predictive trading.

We intensified our decarbonization journey, striving for operational excellence through significant fleet efficiency gains and constant dialogue with technical innovation stakeholders.

We joined forces with the Sustainable Shipping Initiative, the Institute for Human Rights and Business and other maritime industry participants to develop and implement a code of conduct on seafarers’ rights.

↑50%

year-on-year increase in earnings before tax

↑5%

growth in volumes shipped, versus 2019

200+

vessels in our global chartered fleet

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