CIFFA Forwarder Spring 2025

17 THE FORWARDER | SPRING 2025 Yang Ming Marine Transport Corporation https://www.yangming.com/en-US/sustainability Key Initiatives: • Carbon Reduction Goals: Yang Ming has set a goal to reduce CO 2 emissions per unit of cargo by 20% by 2030. • Energy-Efficient Ships: The company has focused on building energy-efficient vessels, incorporating fuel-saving technologies such as air lubrication systems and hull modifications to improve fuel consumption. • Sustainable Shipping Fuels: Yang Ming is testing alternative fuels, including LNG, and is exploring the use of biofuels and other low-carbon energy sources for its vessels. • Carbon Offsetting : Yang Ming offers carbon offset programs for its customers, allowing them to neutralize the emissions associated with their cargo shipments. Measurement Results: • 2022: Yang Ming reported a 6% reduction in CO 2 emissions per TEU (Twenty-foot Equivalent Unit) compared to the previous year. • Future Plans: The company is committed to investing in LNG-powered ships as part of its efforts to meet long-term sustainability goals. Ocean Network Express (ONE) https://www.one-line.com/en/sustainability Key Initiatives: • Carbon Neutrality by 2050: ONE has committed to achieving carbon neutrality by 2050, in line with global shipping industry targets. • Green Fleet Development: ONE is investing in fuel-efficient vessels and exploring alternative fuels such as LNG, ammonia, and hydrogen to reduce its carbon footprint. • Operational Efficiency: The company has implemented advanced data analytics to optimize shipping routes and improve fuel efficiency. • Sustainable Practices for Customers: ONE offers services like carbon-neutral shipping options and carbon offset programs for customers. Measurement Results: • 2023: ONE reduced CO 2 emissions by approximately 10% per container transported compared to the previous year. • Fleet Transition: ONE is progressively adding ships that use LNG and other eco-friendly fuels, aiming for significant fleet-wide sustainability improvements by 2030. Carbon Offsetting Program: https://th.one-line.com/news/ ocean-network-express-launches-green-shipping-solution-one-leaf ONE has introduced the Carbon Neutral Program, which allows their customers to offset the emissions from their ocean freight. As a major player in global shipping, ONE offers a comprehensive carbon neutral solution to help customers reduce their environmental impact. • Offset mechanism: ONE offsets emissions by purchasing carbon credits from verified projects that focus on reducing emissions in sectors such as renewable energy, energy efficiency, and forest protection. • Sustainability initiatives: ONE is also making investments in new technologies to reduce its overall emissions. This includes initiatives to decarbonize their fleet and improve operational efficiency. OOCL (Orient Overseas Container Line) https://www.oocl.com/eng/aboutoocl/sustainability Key Initiatives: • Sustainability Vision: OOCL has a goal of reducing its carbon emissions intensity by 25% by 2030, compared to 2008 levels. • Alternative Fuels: OOCL is exploring the use of LNG and other alternative fuels as part of its long-term environmental strategy. • Energy Efficiency: The company has been focused on improving vessel energy efficiency through hull design innovations, energy-saving devices, and digitalization to optimize operations. • Carbon-Neutral Services: OOCL offers carbon-neutral shipping options and emphasizes sustainability in its operations, from vessel design to logistics solutions. Measurement Results: • 2022 : OOCL achieved a reduction of 9% in CO 2 emissions per TEU compared to the previous year. • Fleet Transition: OOCL has committed to using sustainable fuels across its new vessel orders, aiming for a greener fleet by 2030. Carbon Offsetting Program: https://www.oocl.com/eng/aboutoocl/Environmentalcare/ reducingemissions/Pages/reducingemissions.aspx OOCL has developed a Carbon Offset Program aimed at helping its customers offset the carbon emissions associated with their shipments. • Offsetting emissions: OOCL offers the ability to offset carbon emissions from ocean freight by investing in certified projects, which typically focus on renewable energy, energy efficiency, and reforestation. • Sustainability and transparency: OOCL has integrated environmental considerations into its operational framework, ensuring transparency in how the carbon offsets are managed and implemented. They provide regular reports on the offset projects. • Future goals: OOCL has also been exploring the implementation of LNG-powered vessels and other green technologies to reduce emissions from their fleet.