Yang Ming joins The Silk Alliance
Yang Ming has joined The Silk Alliance aiming to navigate the challenge of net-zero carbon emissions in the shipping industry.
The Silk Alliance has set the goal of establishing the Green Corridor Cluster and paving the way for maritime decarbonisation.
Initiated by Lloyd’s Register Maritime Decarbonisation Hub, The Silk Alliance is made up of members with diverse shipping skills and knowledge.
Its core value is to provide relatively safe, commercially viable, and sustainable fleet-specific decarbonisation strategies to supply chain members, to make transition strategy decisions easier.
The Silk Alliance partnership will help the shipping industry meet its post-COP26 decarbonisation commitments, at a time of uncertainty and investment risk in the energy transition, according to a statement.
In the first phase, The Silk Alliance will focus on building the Green Corridor Cluster within Asia.
It is important to note that this is not the first time Yang Ming has acted on environmental sustainability.
In the past, the Taiwanese company has taken several energy-saving measures, including fuel-efficient hull design, environmentally friendly vessel construction, ship speed optimisation, Vessel Monitoring System adoption, and retrofitting of existing vessels.
Yang Ming has managed to successfully reduce the intensity of carbon emissions per TEU-km by 57.38% in 2021 compared to 2008, much better result than the IMO’s timetable for reducing carbon intensity by at least 40% by 2030.