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Yang Ming Transport Corp achieves IMO 2030 target 11 years ahead of schedule

06 Jul 2020

Taiwanese ocean shipping company Yang Ming Transport Corp. on Thursday (2 July) said it has  fulfilled its goal of building an eco-friendly fleet and reducing vessel emissions set out a decade ago. 

In 2019, Yang Ming said its fleet’s average carbon intensity (CO2 emissions per transport work) per Teu/Km was reduced by 51% compared to 2008, from 99.4 g/teu-km to 48.1 g/teu-km, accomplishing the IMO’s target of reducing carbon intensity by at least 40% by 2030, eleven years ahead of schedule.

To achieve its environmental  targets, Yang Ming said it formulated several long-term strategies, including 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 eco-friendly smart vessels. 

In addition, Yang Ming noted it 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 since 2018. 

In the fourth quarter of 2019, Yang Ming reported its fleet had already 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. 

Yang Ming also actively participated in vessel speed reduction programs initiated by National Oceanic and Atmospheric Administration (NOAA) and Taiwan International Ports Corporation, LTD to protect marine ecology.

Faced with the challenges of global warming, Yang Ming says it is committed to environmental protection and the fight against climate change. 

Photo credit: MarineTraffic / Claus Gaser
Published: 6 July, 2020

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