New blockchain platform launched for SAF usage tracking in cargo

Sustainable Aviation Fuel (SAF) book and claim platform Avelia is expanding into the airfreight sector.

The company, which currently offers its services to the business travel sector and is part of the Shell group, will now offer its blockchain technology to track and allocate SAF emissions savings for both freight forwarders and shippers.

The investment comes as the air cargo industry continues to target emissions reduction but tracking emissions reduction generated through the use of SAF can be complex.

“With freight forwarders and their shipping customers seeking to reduce greenhouse gas emissions, this secure solution enables the sharing of SAF emission reduction benefits across the value chain, providing verified emissions reduction while supporting broader aviation decarbonisation,” Avelia said in a press release.

Raman Ojha, president of Shell Aviation, said: “By enabling the sharing of environmental attributes between physical SAF users and organisations seeking to meet their sustainability targets, Avelia creates a pathway for broader participation in aviation decarbonisation.

“Avelia is now evolving to meet the air freight sector’s need for solutions to demonstrate verified emissions reduction progress. Through enabling freight forwarders to access and allocate SAF environmental attributes to their shipping customers, both parties can access these attributes for emissions disclosure while supporting broader SAF adoption.”

The company added that airfreight produced an estimated 19% of all aviation emissions in 2018.

“For freight forwarders and shippers, managing these emissions involves complex tracking, reporting and coordination challenges across global supply chains. To address these challenges, Avelia now offers freight forwarders the ability to allocate the environmental attributes of SAF across the value chain to the shippers using their services.”

SAF leads the way for aviation emissions reduction but has its challenges