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Taiwanese ocean carrier Yang Ming Marine Transport has announced that it’s board of directors have approved a plan a equip five 15,000 TEU newbuild containerships for dual-fuel LNG power.
Yang Ming said LNG fuel offers a “mature” low-carbon alternative that can reduce the vessels’ GHG emissions by at least 20% compared to conventional fuel and help the company meet environmental and regulatory benchmarks.
“They include IMO’s Carbon Intensity Indicator (CII) for annual decrease in emission intensity, and the Fit for 55 package, being part of the European Commission’s Green Deal, to reduce EU’s total GHG emissions by up to 75% by 2050, and the recommendation of applying a well-to-wake approach in GHG accounting of maritime transport. In the spirit of environmental sustainability, Yang Ming is using LNG for the new fleet on account of its relatively mature low-carbon technology,” the company said.
Yang Ming’s board approved the construction of the five 15,000 TEU containerships during a board meeting in January. In opting for LNG, Yang Ming will be the only carrier in Taiwan operating LNG-powered containerships.
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