Waste Disposal and Ship Demolition

As Yang Ming has developed more energy-efficient vessels and continued the expansion of service routes as a leading global ocean carrier, the replacement of old ships with new ones and the increasing waste production volume as a result of rising demand have become important issues. Effective management is achieved through policy development and by sorting, disposing of and recording/controlling the waste produced in the course of operations as well as disposing of decommissioned vessels. 

Onshore Waste Management Measures

1. Waste sorting and recycling are performed to ensure proper waste disposal and thereby improve the quality of recycled items. 
2. Employees are encouraged to bring their own cutlery and avoid using one-time use cutlery. 
3. Environmental propaganda and education are promoted to foster employees’ environmental protection awareness. 
4. Employees are encouraged to bring their own cups and get an appropriate amount of food for lunch to avoid waste and reduce kitchen waste. 
5. Promotion of paperless work: If possible, all business documents are handled and stored electronically. The Company has promoted paperless attachments to vouchers payable and digital shipowner bill management, improved the agents’ cloud utilization rate, and used electronic import receipts, contributing to a reduction of about 3.93 tons CO2e. Printing on both sides of paper is also requested to make the most of waste paper. 
6. We commission qualified disposal vendors to dispose of general waste. Each operating premise should dispose of its waste in accordance with the environmental protection regulations of the respective county or city. 

■ Composition of Waste from Onshore Locations

	2021		2022
	Recycled	Incinerated	Recycled	Incinerated
Domestic waste from employees	0	1.90	0	6.89
General waste from business activities	0	262.87	0	247.08
Waste lubricant oils	2.80	0	0	0
Waste wooden pallets	0	44.09	0	0
Waste paper	6.5	0	8.3	0
Waste metal	1.4	0	3.6	0
PET bottles	0.2	0	0.2	0
Total waste	10.9	308.86	12.1	253.97

Note: The recycling headquarters building in Cidu 

Vessel Waste Management Measures 

1. The sorting/collection and handling of onboard waste comply with the related regulations in Annex V to the International Convention for the Prevention of Pollution from Ships. Waste management plans have been formulated for the fleet to handle hazardous waste and solid waste produced onboard. The plans cover 5 main procedures: collection, sorting, handling, storage, and recording. 
2. All food residues are properly handled according to conventions and the laws of port states. 
3. In addition to reducing waste and hazardous substances, waste batteries/chemicals/waste bulbs/medical waste are disembarked for recycling and disposal. 
4. There are stainless steel garbage bins onboard for waste sorting. The waste storage area is disinfected and cleaned regularly. 

Composition of Waste from Ocean Vessels  

	2022
	Recycled	Disembarking for transport and disposal
Domestic waste from employees	0	37.69
Waste oil mixtures	16,708.36	0
Other waste	0	15.28
Total waste	16,708.36	52.97

Unit：Metric ton
Note 1: In international shipping practices, vessel waste disembarked is counted in volume. After the volume of the fleet’s waste disembarked is counted annually, the volume is converted into and presented in weight based on relevant coefficients (Websites as reference: https://www.epa.gov/sites/default/files/2016-04/documents/volume_to_weight_conversion_factors_memorandum_04192016_508fnl.pdf; https://www.aqua-calc.com/calculate/volume-to-weight). As oily waste contains a high proportion of water, its gravity is 1. The gravity of waste cooking oil is 0.93. 
Note 2: Disposal methods depend on the related regulations of port states. The subsequent transport and handling processes are conducted by vendors deemed qualified by local ports. All waste is disposed of off-site. 

Vessel Recycling

Yang Ming has a green ship recycling policy in place. When it comes to disposing of decommissioned vessels, the Company complies with the Hong Kong Convention (HKC) 2009. We also protect the health and human rights of workers as well as the marine environment in accordance with the requirements in the following table.
※The Company did not carry out any ship demolition activities in 2022.

Green Ship Recycling Policy

1. Inventory of Hazardous Materials (IHM) preparation: A qualified professional assessment company has been commissioned to prepare an IHM to regulate processes. 
2. Onboard and sampling inspections: Areas with hazardous substances and pollutants undergo onboard and sampling inspections by classification societies (IHM Part I). 
3. Careful selection of ship recyclers: Buyers are required to select HKC and ISO certified green ship recyclers to ensure eco-friendly ship recycling. 
4. Active tracking: The Company understands the situation with the buyer and ship recycler and asks them to provide a certificate and certification of completion of ship recycling. 

The Company’s responses to the “Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, 2009” and “EU Ship Recycling Regulation” and their progress in 2022 are as follows: 

• In 2022, 19 vessels were IHM certified, including YM Wealth, YM Success, YM Increment, YM Inception, YM Image, YM Initiative, YM Instruction, YM Interaction, YM Inauguration, YM Improvement, YM Eternity, YM Plum, YM Orchid, YM Cosmos, YM Immense, YM Hawk, YM Harmony, YM Mandate, and YM Maturity. 
• As of the end of 2022, 41 own vessels have been IHM certified, accounting for about 77%. 
• We plan to have all vessels in the fleet IHM certified in 2023. 

Buyers Required to Select ISO Certified Green Ship Recyclers


※Yang Ming Signed and Joined the Ship Recycling Transparency Initiative (SRTI) in 2022