In 2019, Yang Ming fleet’s average carbon intensity significantly reduced by 51% compared with the level in 2008. This is in line with the IMO target of reducing carbon intensity by at least 40% by 2030 and Yang Ming is eleven years ahead of schedule.
In a statement, Yang Ming said, With the continuous fleet optimization they could reach its target by reducing from 99.4 g/teu-km to 48.1 g/teu-km.
Yang Ming has formulated several long-term strategies to achieve cargo intensity goal. The goals include implementing 12 vessel modification and optimization projects and accelerating the vessel renewal plan by eliminating vessels over 20 years of age and adding ten 2,800 TEU class, twenty 14,000 TEU and fourteen 11,000 TEU class echo-friendly smart vessels.
Further, Yang Ming has cooperated with weather service provider Weathernews Inc. (WNI) to build a monitoring system to manage fuel consumption and reduce GHG emission, and further evaluate the possibility of developing dual-fuel engines such as LNG or other engines that can perform with carbon-neutral alternative fuels.
As for sulphur oxide emission, Yang Ming ensured an early transition to use low sulfur fuel oil at Kaohsiung port and Shenzhen port in 2018.
In the fourth quarter of 2019, Yang Ming’s fleet has switched to very-low sulphur fuel oil (VLSFO) with sulphur content lower than 0.5% and reduced sulphur oxide emission by 80% compared to traditional heavy fuel oil.
Furthermore, Yang Ming has actively participated in vessel speed reduction programs initiated by National Oceanic and Atmospheric Administration (NOAA) and Taiwan International Ports Corporation, LTD to well protect the marine ecology.