Yang Ming begins utilizing Biofuel.
Yang Ming Marine Transport is adopting sustainable biofuel for its fleet, beginning at Hong Kong and Singapore, and can now incorporate biofuel into its annual gas consumption on an on-going foundation.
The adoption of biofuel started with Yang Ming’s 1,805 TEU class container ship, YM Inception, and 6,600 TEU class container ship, YM Masculinity. These vessels are presently deployed on the Japan to/from Taiwan, Hong Kong, Vietnam and Thailand service and the Far East to/from Center East service, respectively.
In collaboration with power suppliers Chimbusco Pan Nation Petro-Chemical, and KPI OceanConnect, each vessels have been bunkered with B24 biofuel, licensed by the Worldwide Sustainability & Carbon Certification (ISCC). This sustainable gas contains a mix of Fatty Acid Methyl Ester (FAME) and Very Low Sulfur Gas Oil (VLSFO).
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By embracing the biofuel, Yang Ming says it could actually obtain a considerable discount of roughly 20% in carbon emissions in comparison with typical gas oil.
Yang Ming Chairman Cheng Cheng-Mount acknowledged:
Confronted with future regulatory necessities and the challenges of decarbonization, the adoption of biofuel signifies a big milestone for Yang Ming because it transitions in the direction of reaching net-zero carbon emissions.
“Regardless of the related larger prices, Yang Ming plans to steadily broaden the usage of biofuel in 2024, persevering with analysis and funding in new various power sources to comprehend a 20% discount in complete carbon emissions by 2030 in comparison with the degrees in 2018.”
Along with the mixing of biofuel, Yang Ming has already applied a spread of energy-saving and emission discount measures on its fleet, together with retrofitting current vessels for enhanced power effectivity, using large knowledge evaluation to optimize vessel efficiency and implementing route optimization methods. Moreover, the corporate expects the supply of 5 newly-built 15,500 TEU LNG dual-fuel container ships beginning in 2026.
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Yang Ming Begins Utilizing Biofuel, March 11, 2024
