Yang Ming has joined The Silk Alliance, which aims to help the shipping industry achieve net-zero carbon emissions. The Silk Alliance’s purpose is to construct the Green Corridor Cluster, which will pave the road for maritime decarbonization. The Silk Alliance was founded by Lloyd’s Register Maritime Decarbonisation Hub and is made up of members with a variety of shipping skills and knowledge.
Its key value component is to give supply chain participants with fleet-specific decarbonisation methods that are relatively safe, commercially viable, and sustainable, making 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.
