Taiwanese container shipping company Yang Ming has unveiled plans to order five new liquefied natural gas (LNG) powered containerships.
The new twenty-foot equivalent unit (TEU) vessels will feature dual-fuel LNG marine engines.
According to Yang Ming, LNG fuel, which serves as a “mature” low-carbon alternative, can cut down vessels’ greenhouse gas emissions (GHG) by around 20% compared with conventional fuel, reported gCaptain.
The company also added: “They include IMO’s Carbon Intensity Indicator (CII) for annual decrease in emission intensity, and the Fit for 55 package, being part of the European Commission’s Green Deal, to reduce EU’s total GHG emissions by up to 75% by 2050, and the recommendation of applying a well-to-wake approach in GHG accounting of maritime transport.”
In January this year, the company’s board approved building of five new LNG-driven containerships.
The company is also planning to add new containers to expand its presence in the feeder ship segment.
It intends to add ships with a capacity between 1,200TEU and 1,800 TEU.
Yang Ming also noted that it is the first company in the country to opt for LNG-powered containerships, reported The Maritime Executive.
Yang Ming is the ninth largest international carrier with a fleet of 92 ships and a total capacity of around 665,000 TEU, according to online liner shipping solution Alphaliner.