Yang Ming has been successful in their promise to significantly reduce carbon emissions over the last decade. In 2019, Yang Ming fleet’s average carbon intensity (CO2 emissions per transport work) per Teu/Km significantly reduced by 51% compared with the level in 2008, from 99.4 g/teu-km to 48.1 g/teu-km, accomplishing the IMO target of reducing carbon intensity by at least 40% by 2030, eleven years ahead of schedule. To achieve the targets, several long-term strategies were undertaken, including implementing 12 vessel modification and optimization projects, and accelerating the vessel renewal plan by eliminating vessels over 20 years of age and adding ten 2,800 TEU class, twenty 14,000 TEU and fourteen 11,000 TEU class echo-friendly smart vessels.
