Seacube Containers

Montvale, New Jersey, December 19, 2024 — SeaCube, a global leader in refrigerated intermodal equipment leasing, has partnered with Greensee to launch innovative solutions that redefine sustainability in the refrigerated transport sector. This collaboration introduces SeaCube’s Green and Net-Zero Reefer Leases, powered by Greensee’s AI-driven CO2 emissions reporting technology, setting a new standard for energy efficiency and environmental responsibility in cold chain logistics.

SeaCube is also working with Thermo King® a leader in transport temperature control solutions and a brand of Trane Technologies, and CMA CGM to field-test Thermo King’s E-COOLPAC electric genset, one of the first battery-powered refrigerated container gensets in the United States. This zero direct emission battery power technology allows to electrify last-mile refrigerated transport (excluding truck power) and reinforces SeaCube’s commitment to sustainable innovation. The Thermo King E-COOLPAC offers a range of battery modules, as well as extension packs to deliver power ranging from 35kWh to 105kWh and can be fitted or retrofitted to marine container chassis, where a traditional diesel genset can currently fit. The e-genset offers:

• Zero CO2 and particulate emissions during operation.
• Renewable energy charging compatibility, further reducing the carbon footprint.
• Compatibility with Thermo King marine refrigeration units including CFF and Magnum Plus, as well as other brands of ISO1496-2 reefer units.

“This e-genset is a game-changer for our operations,” stated Fabien Gresy-Aveline, Vice President, Container Fleet, CMA CGM. “By transitioning away from diesel, we are taking a significant step toward more sustainable refrigerated transport.”

“As a global leader in refrigerated intermodal equipment leasing, SeaCube is dedicated to investing in transformative sustainability solutions,” said Gregory Tuthill, Chief Commercial Officer of SeaCube Containers. “These initiatives not only help customers meet their rigorous sustainability targets but also significantly reduce the carbon footprint of refrigerated transport.”

“Providing electric solutions for refrigerated transportation is part of Thermo King’s and Trane Technologies’ overall approach to reducing carbon emissions,” said Claudio Zanframundo, president Thermo King EMEA Truck, Trailer, Bus and Global Marine, Rail and Air. “E-COOLPAC is a diesel genset alternative power source for reefers when they are not connected to grid or vessel power. It allows for lower emissions and adherence to local regulations when transporting refrigerated marine containers from ports to distribution centers, or those involved in daily reefer container transport.”

Revolutionizing Reefer Leasing with Energy and Emissions Efficiency

Refrigerated containers, or reefers, account for about 10% of a ship’s container capacity but can consume up to 20-30% of a vessel’s total power output, contributing significantly to CO2 emissions. SeaCube’s Green Reefer Leases address this challenge by providing access to advanced energy analytics and optimized asset designs, including:

• Refrigerated containers equipped with next-generation controllers, enhanced telematics, and efficient compressors.
• Real-time data analytics to optimize refrigeration operations, accounting for variables such as ambient temperature, cargo type and tradelane.
• Energy savings and emissions reductions of up to 20%, delivering tangible sustainability and cost benefits.

Pacific International Lines (PIL) is also participating in a GHG reporting and reefer fleet optimization pilot sponsored by SeaCube and Greensee. This initiative establishes baseline metrics for decarbonization benchmarking while identifying opportunities for fuel savings and operational efficiency.

“Effective GHG reporting for refrigerated transportation contributes to providing PIL with good visibility on our emissions, helps us meet regulatory requirements, and supports our long-term goal of achieving net zero GHG emissions by 2050,” said Lim Chee Wei, General Manager, Logistics Division, PIL.

Achieving Net-Zero with Carbon Offsets

SeaCube’s Net-Zero Reefer Leases enable customers to offset any remaining carbon emissions from transportation. Using precise calculations, SeaCube quantifies total emissions and offers customers the option to neutralize their impact through carbon credits. These credits support initiatives like reforestation, aligning customers’ operations with broader environmental objectives.

Driving Sustainability Through Advanced Analytics

“Greensee’s advanced analytics empower customers to accurately monitor and report emissions, ensuring compliance while enabling real-time optimization of refrigerated transport,” said Luc Terrel, Greensee founder and CEO. “Our partnership with SeaCube is a pivotal step toward a more sustainable future in cold chain logistics.”

Leading the Industry in Sustainability

“SeaCube and Greensee are setting the standard for sustainability in the cold chain industry,” added Mr. Tuthill. “Through innovative solutions like energy analytics, the electric genset, and the Net-Zero Reefer Lease Program, we are providing practical, impactful pathways to help customers reduce emissions and achieve carbon neutrality.”

This partnership underscores SeaCube’s and Greensee’s shared commitment to creating a greener, more sustainable future for the logistics industry.

For more information, visit:  Greensee.ai and SeaCubeContainers.com/Sustainability-Solutions/

About SeaCube Container Leasing

SeaCube is one of the largest purchasers and lessors of refrigerated containers in the world and is committed to investing in technologically advanced and innovative equipment solutions that safeguard cargo, improve service reliability, and help its clients reduce their carbon footprints while increasing profitability. SeaCube pairs its differentiated offering with an experienced team of industry professionals to create customized financing programs, provide premier customer support, and deliver added value. For more information, visit https://seacubecontainers.com/

About CMA CGM

Led by Rodolphe Saadé, the CMA CGM Group is a global leader in sea, land, air, and logistics solutions. CMA CGM is also diversifying into the media sector. As the third-largest global container shipping company in terms of capacity, CMA CGM serves over 400 ports across five continents, supported by a fleet of more than 650 vessels. Through its subsidiary, CEVA Logistics, the Group is one of the top five global logistics players, managing over 11 million square meters of warehouse space worldwide. CMA Media, a subsidiary of CMA CGM and the third-largest private media group in France, includes RMC-BFM and a press division that brings together renowned titles such as La Provence, Corse Matin, La Tribune, and La Tribune Dimanche. Committed to the energy transition in maritime transport and a pioneer in the use of alternative fuels, the CMA CGM Group aims to achieve Net Zero Carbon by 2050. The CMA CGM Foundation responds to humanitarian crises requiring urgent action by leveraging the Group’s maritime and logistics expertise to deliver humanitarian aid worldwide. The Foundation also undertakes initiatives to promote education for all and equal opportunities. Operating in 160 countries, the Group employs 160,000 people globally, including 20,000 in France, with nearly 6,000 based in Marseille, where its headquarters are located.

About Greensee

Greensee is a sustainability company dedicated to providing unparalleled shipment emissions calculations and energy reduction solutions for the intermodal transportation industry. With cutting-edge AI technology and a commitment to sustainability, Greensee empowers businesses to reduce their environmental impact by facilitating decarbonized route planning, real-time shipment tracking, and energy optimization across the supply chain. Through these comprehensive services, Greensee supports the industry in meeting sustainability goals and improving operational efficiency. To learn more, visit www.greensee.ai.

About Pacific International Lines

Pacific International Lines (PIL) is among the top 12 container shipping lines in the world. Established in Singapore in 1967, we are the largest home‑grown carrier in Southeast Asia. We serve customers in over 500 locations, with a focus on Asia, China, Africa, the Middle East, Latin America, Oceania and the Pacific Islands. Operating a fleet of around 100 container vessels, we provide shipping services and solutions to customers in more than 90 countries worldwide. We provide shipping services across a variety of products, including dry, refrigerated, breakbulk or special cargo. We harness our network of agencies and intermodal services, to bring value to our customers with end-to-end transportation solutions. At PIL, our people-centric approach puts customers first, by leveraging expertise and technology to provide efficient and sustainable solutions. Guided by a future-focused vision, we are committed to sustainability and making a positive impact on communities. For more information, visit www.pilship.com

About Thermo King

Thermo King – by Trane Technologies (NYSE: TT), a global climate innovator – is a worldwide leader in sustainable transport temperature control solutions. Thermo King has been providing transport temperature control solutions for a variety of applications, including trailers, truck bodies, buses, air, shipboard containers and railway cars since 1938. For more information, visit www.europe.thermoking.com or www.tranetechnologies.com.