20.9 C
Hamburg
Sunday, June 1, 2025
Home News Yang Ming turns 50, sets target for net zero emissions by 2050

Yang Ming turns 50, sets target for net zero emissions by 2050

On 28 December, Yang Ming Marine Transport held a celebration for its 50th anniversary at the Grand Hotel Taipei in Taiwan inviting notable guests such as Wang Kwo-Tsai, Taiwan’s minister of transportation and communications, Tsai Ming-Yen, the country’s deputy minister of foreign affairs, as well as joint venture partners, strategic alliance partners, clients, long-term suppliers, and representatives of local financial institutions.

Yang Ming and the visitors saw the accomplishments of the company during the previous 50 years.

The Taiwanese ocean carrier closed the previous year with a fleet of 95 ships and an annual business volume of over 5 million TEUs. “The next 50 years of sustainable development will be built on top of these achievements,” said the company in a release.

Yang Ming said it has implemented the required improvements to achieve net zero emissions by 2050 in order to keep up with the rapidly evolving industry. As an illustration, Yang Ming is the first maritime firm in Taiwan that plans to construct LNG vessels.

In order to further reduce carbon emissions, the company noted it has also been investing in sustainable energy research and collaboration, enhancing digitisation and smart applications for ships, as well as internal operations.





Latest Posts

The Indian Ocean Rivalry

The Indian Ocean has emerged as a strategic theater of competition between two Asian giants: India and China. India’s recent developments indicate a rapid expansion...

Statkraft advances plans for green hydrogen scheme at Hunterston

Europe’s largest generator of renewable energy has proposed the development of a green hydrogen facility at Hunterston, the former coal terminal in Ayrshire. Clydeport –...

Port of Bilbao wraps up busiest month for cruise traffic

May has marked a record month for cruise activity at the Port of Bilbao’s terminal in Getxo, with 18 cruise ship calls bringing over...

Tripoli port shutdown sparks maritime crisis in Libya

Libya’s shipping sector is teetering on the edge of collapse as fresh waves of political violence erupt in Tripoli, crippling key port operations and...

KlaipÄ—da port embarks on green hydrogen initiative

KlaipÄ—da Port launched its green hydrogen initiative, positioning itself as the first in Lithuania and the broader Baltic region to produce and supply green...
error: Content is protected !!