Low-Carbon Technologies

 

With the deepening awareness of environmental protection worldwide, such as the IMO's annual carbon intensity reduction targets or the European Union's goal of achieving a 75% GHG reduction by 2050 compared to the relative baseline year 2020, Yang Ming has been actively dedicated to low-carbon technology investment and R&D, paid continuous attention to the development of low-carbon industries, sought opportunities to invest in clean energy and relevant transport ships in a pragmatic manner, and adopted a variety of strategies including developing the deployment of alternative fuels, researching energy-efficient technologies for ships, and engaging in industry-academia collaboration, welcoming the challenges of global zero carbon emissions and attaining the goal of green sustainability.

 
Development of Alternative Fuels and Energy-saving Technologies

We have kept an eye on the technical maturity of different alternative fuels for ships (e.g., biofuel, methanol, hydrogen, ammonia), the vertical integrity of the supply chain, and the development of international environmental protection regulations. As LNG fuel has 20% less carbon emissions compared to traditional fuel and the infrastructure and technology for LNG is relatively mature compared to those for other fuels, we have chosen to contract five 15,5000 TEU LNG duel-fuel container ships for our new ship building plan, which are expected to be delivered from 2026 onwards. In addition, we plan to use biofuel that complies with the ISCC (International Sustainability & Carbon Certification) process certification to replace traditional fuel, which is expected to reduce well-to-wake carbon emissions by about 20% compared to traditional fuels. This is intended to reduce carbon emissions and enhance the overall competitiveness of the fleet. Since 2023, Yang Ming has gradually arranged basic and advanced LNG and engine model training for seafarers to obtain certificates for the IGF CODE.

For the research of energy-efficient technologies for ships, the Company has put in continuous efforts and gained progressive outcomes. Currently, the research focuses on carbon capture devices, air lubrication systems, energy-efficient wind shields, energy-efficient propellers, shaft generators, and exhaust/waste heat recycling systems. While assessing the maturity of relevant infrastructure (e.g., refueling ports), fuel supply chains, and main engine/electric machinery technology development, Yang Ming will continue investing resources in seeking the innovation and breakthrough of energy-efficient technologies to help achieve the goal of green shipping.

 
Low-carbon Investments for Onshore Business Locations
Use of renewable energy un the business building
  • 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, we can bring green into the workplace and the urban environment, achieving a green economy and environmental sustainability.
  • Expected result:
    • About 3,960 kWh of electricity can be saved every year.
    • 134 tons of rainwater can be harvested every year.
    • The carbon emissions can decrease by about 1.9602 tons of CO2e.
Promotion of Renewable Energy Procurement
  • Yang Ming headquarters building in Qidu has purchased 129,000 kWh of renewable energy generated electricity and 129 renewable energy certificates, reducing 63.855 tons of CO2e emissions.
  • We hope to achieve the goal of about 20% of renewable energy in daily power supply for all onshore offices throughout 2024 in order to reduce the reliance on traditional energy. We will increase the proportion of renewable energy each year to fulfill Yang Ming's commitment to environmental sustainability.
Vehicle Electrification
  • Electric motorcycles are used as company vehicles, and 17.65% of the existing company cars have been replaced with hybrid electric vehicles. A hybrid electric vehicle consumes 3l/100km less than a conventional one. It is expected that 600 liters of fuel can be saved for all our company cars throughout the year, reducing about 1.4131 tons of CO2e.
Electrification of Container Yard Equipment
  • The energy efficiency and safety of the new-model gantry cranes in the Keelung Yang Ming Container Yard have been verified by the American Bureau of Shipping and TÜV Rheinland. Power can be supplied to the gantry cranes through power cables, reducing power loss during power transmission where, in the past, relay substations were required and lowering the average energy consumption of each load and unload of a container. The power consumption of modern gantry cranes is only onesixth of that of old-model ones, saving 98,666 kWh of electricity per year on average, equivalent to a reduction of 48.8397 tons of CO2e. Additionally, we have stopped using diesel rubber-tired gantry cranes, reducing about 934.22 million liters of diesel annually, equivalent to a reduction of 251.3909 tons of CO2e, totaling 296.0548 tons CO2e.
  • 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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