5.8 C
Hamburg
Thursday, April 18, 2024
Home Decarbonisation Campaign Yang Ming joins The Silk Alliance

Yang Ming joins The Silk Alliance

Yang Ming has joined The Silk Alliance aiming to navigate the challenge of net-zero carbon emissions in the shipping industry.

The Silk Alliance has set the goal of establishing the Green Corridor Cluster and paving the way for maritime decarbonisation.

Initiated by Lloyd's Register Maritime Decarbonisation Hub, The Silk Alliance is made up of members with diverse shipping skills and knowledge.

Its core value is to provide relatively safe, commercially viable, and sustainable fleet-specific decarbonisation strategies to supply chain members, to make transition strategy decisions easier.

The Silk Alliance partnership will help the shipping industry meet its post-COP26 decarbonisation commitments, at a time of uncertainty and investment risk in the energy transition, according to a statement.

In the first phase, The Silk Alliance will focus on building the Green Corridor Cluster within Asia.

It is important to note that this is not the first time Yang Ming has acted on environmental sustainability.

In the past, the Taiwanese company has taken several energy-saving measures, including fuel-efficient hull design, environmentally friendly vessel construction, ship speed optimisation, Vessel Monitoring System adoption, and retrofitting of existing vessels.

Yang Ming has managed to successfully reduce the intensity of carbon emissions per TEU-km by 57.38% in 2021 compared to 2008, much better result than the IMO's timetable for reducing carbon intensity by at least 40% by 2030.





Latest Posts

Singapore Shipping Association unveils tool to enhance cyber risk management

Singapore Shipping Association (SSA), a trade association advocating for the interests of over 500 Singapore-based companies involved in ship owning, operating, and maritime services,...

MSC applies new prices from Far East to Europe

Swiss/Italian container carrier MSC will implement the following new Freight All Kind (FAK) rates from Asia to Europe. Effective as from 1 May but not...

Port of Antwerp-Bruges handles over 3.2 million TEUs in first quarter

The Port of Antwerp-Bruges said that despite the ongoing complexities in geopolitics and macroeconomics, its volume growth, primarily driven by a resurgence in container...

Port of Rotterdam achieves 10% CO2 emission reduction in 2023

In 2023, there was a 10% reduction in CO2 emissions at the port of Rotterdam compared to 2022, amounting to a decrease of 2.2...

ONE and Portchain ink deal to drive sustainability

In the fall of 2023, Ocean Network Express (ONE) partnered with Portchain to focus efforts on enhancing collaboration with container terminals through the innovative...