• 2020 July 2 09:59

    Yang Ming fulfills green promise carbon emission reduced 51% in 2019

    To achieve the pursuit of global sustainability and respond to customers’ growing awareness about environmental issues, Yang Ming Marine Transport Corp. (Yang Ming) formulated plans to build an echo-friendly fleet a decade ago with the aim to proactively enhance ship energy efficiency and reduce greenhouse gas (GHG) emission, the company said in its release.

    In 2019, Yang Ming fleet’s average carbon intensity (CO2 emissions per transport work) per Teu/Km significantly reduced by 51% compared with the level in 2008, from 99.4 g/teu-km to 48.1 g/teu-km, accomplishing the IMO target of reducing carbon intensity by at least 40% by 2030, eleven years ahead of schedule. Through continuous fleet optimization, Yang Ming has fulfilled its promise of energy saving and emission reduction.

    GHG emission plays a critical role in climate change mitigation. In this respect, IMO has adopted strict regulations to address the issue and set the goals to cut global shipping carbon intensity by at least 40% by 2030 and 70% by 2050 when compared to 2008. To achieve the targets, Yang Ming has 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 echo-friendly smart vessels. In addition, 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 duel-fuel engine 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.




2020 August 3

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18:06 Total seven-month cargo traffic in Azov-Don basin in Jan-Jul down 6%
17:55 Inmarsat, Thetius and Shell Shipping and Maritime launch 'Crew Welfare Open Innovation Challenge'
17:25 The PV300 MS Mustai Karim leaves Krasnoye Sormovo Shipyard basin, sets sail for St. Petersburg
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16:06 Russian Gov’t approves regulation on crab boats construction incentives
15:32 Kalmar delivers four medium and heavy forklifts to support Yizheng Port in meeting safety and environmental requirements
15:26 RZD seven-month loaded freight down 4.4%
14:18 Ust-Luga Company wins the Ust-Luga Cup 2020
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13:08 Long-awaited project of Kalmykia’s Lagan Port becomes part of the federal transport territorial planning
12:46 MSC Cruises and Palumbo Group form joint venture to operate the Palumbo Malta Shipyard
12:23 OHT wins contract for transport and installation of foundations at Dogger Bank
12:20 RZD to resume traffic via new rail bridge across the Kola as of October 1
11:46 Eagle Bulk reports the successful resolution of security incident onboard vessel
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2020 August 2

16:03 Kirby Corporation announces 2Q, 2020 Results
15:31 Bollinger delivers second of three USCG FRCs to be home-ported in Guam
14:37 Dennis de Bruin appointed Managing Director of Commercial Shipping Europe
13:52 ABS supports global offshore wind development with updated guidance
12:35 USCG sets port condition Zulu for Ports of Miami and Key West
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2020 August 1

14:21 U.S. appoints coordinator for the Arctic Region
13:14 CMA CGM announces GRR for Asia-West Africa trade
12:44 Polarcus awarded 3D project in Asia Pacific
11:31 Pacific Basin announces 2020 interim results
10:53 EBRD supports decarbonisation of energy sector in Cyprus

2020 July 31

18:26 Fincantieri BOD approves 1H 2020 results
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16:05 Cox production diesel outboards make their way to North America
15:36 Port of Vancouver USA receives longest wind blades ever
14:42 USCG medevacs mariner 35 miles offshore Freeport, Texas
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12:10 McNetiq launches new magnetic anchors for fall protection
11:09 CMA CGM announces rates from China to Middle East Gulf
10:00 DP World Komatipoort becomes the first dry port east of Gauteng
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09:32 Crude futures prices climb
09:08 EMSA and ECDC issue guidance in response to COVID-19 challenges
08:51 Bunker Market this morning, 31st July, 2020
08:46 Australia bans bulk carrier TW Hamburg for wage exploitation

2020 July 30

18:24 DP World volumes down 3.9% in 1H2020
18:04 $300 billion T&L industry is still in infancy of digital transformation - Lux Research
17:43 Port of San Diego establishes Foreign Trade Zone at Tenth Avenue Marine Terminal
17:23 Association of River Ports and Ship Owners celebrates its 25th anniversary
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16:03 Aimo Park Finland selected to build customer-centric parking at Helsinki harbours
15:25 APM Terminals first to launch fully digital export management system in Russia
15:04 Russian Gov’t to regulate determining evaluation costs of domestically built ships
14:17 MABUX Weekly Viewpoint