The Taiwanese shipping line Yang Ming has announced that it will equip five new 15,000 TEU vessels with dual-fuel liquefied natural gas (LNG) marine engines.
With this shipbuilding plan, the Asian liner operator is taking another step to address climate change and move on to low-carbon transitions, while it also strengthens mid-to-long-term operational competitiveness and accelerates the fleet renewal plan.
In addition, Yang Ming will become the first shipping company in Taiwan that owns LNG-powered container ships.
By using LNG for its new fleet, the world’s ninth-largest shipping line is fulfilling its objective on environmental sustainability and expects to reduce GHG emissions by at least 20%, as compared to using traditional fuel.
When determining the choice of fuel types, the Yang Ming is also following benchmarks, including IMO’s Carbon Intensity Indicator (CII) for annual decrease in emission intensity, and the Fit for 55 package, which is part of the European Commission’s Green Deal, to reduce European Union’s total greenhouse gas (GHG) emissions by up to 75% by 2050.
