Low-Carbon Technologies
As global environmental awareness deepens, such as IMO regulations for annual carbon intensity reduction targets or the European Commission's proposal for 75% reduction by 2050 relative to 2020 baseline, Yang Ming actively commits to low-carbon technology investment and R&D, continues to monitor low-carbon industry development, pragmatically seeks clean energy and related transportation vessel investment opportunities, and adopts diverse strategies including developing alternative fuel deployment, researching vessel energy-saving technologies, and industry-academia cooperation to meet global zero-carbon challenges and achieve green sustainability goals. Total environmental investment expenditure in 2024 was NT$2,010,092 thousand.
Development of Alternative Fuels and Energy-saving Technologies
The Company continues to monitor the technological maturity of different types of vessel alternative fuels (such as biofuel, methanol, hydrogen, ammonia), completeness of supply chain vertical integration, and development of international environmental regulations. The Company has signed contracts for 5 vessels of 15,500 TEU LNG dual-fuel container ships Which are expected to be put into operation successively from 2026. LNG fuel carbon emissions are reduced by approximately 20% compared to traditional fuels, and it is currently the most mature alternative fuel. Through selecting cleaner LNG-powered dual-fuel vessels for newbuild planning, while planning to use biofuel certified by International Sustainability & Carbon Certification (ISCC) process certification to replace traditional fuels, it is expected to reduce vessel fuel well-to-wake lifecycle carbon emissions by approximately 20% compared to traditional fuels. This aims to reduce carbon emissions and enhance overall fleet operational competitiveness. Starting from 2024, seed seafarers have been arranged to obtain LNG basic and advanced training certificates and engine type training in accordance with the (IGF Code) to meet operational needs after the LNG newbuild delivery.
For the research and development of energy-saving technologies for ships, the Company has made continuous efforts and achieved progressive outcomes. Currently, the research focuses on carbon capture systems, Air lubrication system, energy-saving wind shields, energy-saving propellers, shaft generators, and exhaust/waste heat recycling systems. Evaluate alternative fuel-related infrastructure (such as bunkering ports), fuel supply chains, and main/electric engine technology development maturity. Meanwhile, the Company will continue to invest resources in seeking innovation and breakthroughs in energy-saving technologies to help achieve green shipping goals.
| Low-carbon Investments for Onshore Business Locations |
| Ecological green roof |
- The Company has installed a multi-functional "Ecological Green Roof" on its office building in Taipei. By installing rainwater harvesting and solar energy systems and using plants for carbon fixation, it can bring green into the workplace and the urban environment, achieving a green economy and environmental sustainability.
- Result in 2024:
- Approximately 2,240 kWh of electricity was saved, with annual carbon reduction of approximately 1.0618 metric tons CO2e
- 134 tons of rainwater were recovered, with annual carbon reduction of approximately 0.0142 metric tons CO2e.
- The total annual carbon sequestration by all plants is expected to reach approximately 0.0416 metric tons CO2e
- The headquarters Qidu building rooftop will also install a 9.6 kW solar photovoltaic system and 19.2 kW energy storage equipment, with an expected annual reduction of approximately 3.8201 metric tons CO2e.
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| Promotion of Renewable Energy Procurement |
- Yang Ming has actively promoted renewable energy procurement since 2023, responding to the Company's renewable energy policy. The Qidu headquarters building and northern, central, and southern operational offices purchased 658 renewable energy certificates in 2024, with 658,000 kWh transferred through green electricity, equivalent to reducing approximately 325.052 metric tons CO2e emissions.
- It is expected to achieve the goal of approximately 30% renewable energy use for daily power supply at onshore office locations in 2025, reducing dependence on traditional energy, and will gradually increase the proportion of renewable energy use annually, implementing Yang Ming's commitment to environmental sustainability.
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| Transportation and Container Yard Equipment Electrification |
- Official motorcycles use electric motorcycles, official vehicles are gradually being replaced with hybrid vehicles accounting for 17.65%, with each vehicle saving 3 liters of fuel per 100 kilometers compared to traditional vehicles. All official vehicles are expected to save 600 liters annually, reducing approximately 1.4131 metric tons CO2e.
- The new gantry cranes at Keelung Container Yard have been certified by both the American Bureau of Shipping and TÜV Rheinland for energy efficiency and safety. Power can be supplied directly to equipment through power lines, reducing losses that previously occurred when electricity was transmitted through intermediate transformer stations, while reducing average energy consumption per container handling operation. The new gantry cranes consume only one-sixth the electricity of old gantry cranes, saving an average of 98,666 kWh annually, equivalent to reducing 48.8397 metric tons CO2e. The decommissioned diesel rubber-tired gantry cranes can reduce approximately 934.22 million liters of diesel consumption annually, equivalent to reducing 251.3909 metric tons CO2e, totaling approximately 296.0548 metric tons CO2e reduction.
- Loaded container storage area: Yang Ming was the first to place the container pickup lane in the middle of the storage area to shorten the distance that gantry crane trolleys have to move, enhancing pickup efficiency. Loaded containers are placed on both sides of the lane, and container cement and steel-reinforced container pads are used to deal with the rainy weather in Keelung and avoid stacking the containers on the waterlogged ground, effectively reducing the risk of moisture damage to cargo. The area has a storage capacity of 2,160 TEUs, and there are 336 reefer container plugs for import/export and transshipment containers, which effectively expands the service capacity of Yang Ming at Keelung Port.
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