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Yang Ming, Wan Hai & PIL joining Silk Alliance

Views: 33     Author: Site Editor     Publish Time: 2022-06-01      Origin: Site

A few days ago, Lloyd's Register Maritime Decarbonisation Hub announced that it has joined hands with partners to launch the “Silk Alliance”, which aims to establish a highly scalable Green Corridor Cluster starting from the container trade in Asia, and promote the decarbonization and emission reduction of the shipping industry.



Yang Ming, Wan Hai & PIL joining Silk Alliance

Yang Ming, Wan Hai & PIL joining Silk Alliance_3

Lloyd's Register Maritime Relevant Announcements



According to reports, "Silk Alliance" is named after the historic "Silk Road" sea section that connects Southeast Asia with China, the Indian subcontinent and the Arabian Peninsula.


Lloyd's Register's Offshore Decarbonization Centre said it was working with 11 global supply chain stakeholders. At present, the members of "Silk Alliance" include Pacific Ocean Shipping (PIL), Wan Hai Shipping, Yang Ming Shipping, X-Press Feeders and other shipping companies, as well as shipyards, fuel suppliers, engine manufacturers and financial institutions.


Specifically, “Silk Alliance” members will use their expertise in their respective fields to develop fuel transition strategies, mainly for container ships operating in Asia, and by promoting industry cooperation, to fulfill the shipping industry’s commitment to the 26th United Nations Climate Change Conference (COP26). ) to reduce investment risk in adopting sustainable carbon-neutral fuels through practical actions.


Charles Haskell, Lloyd's Register Decarbonization Project Manager, said: "This is the first time a fuel transition strategy has been developed for multiple stakeholders. We have the support of not only key players in the shipping industry, but other industries as well. This is critical to decarbonizing the industry.”


Yang Ming, Wan Hai & PIL joining Silk Alliance_2


Yang Ming Shipping said: "We have always been committed to the sustainable development of the shipping industry. In order to develop a reliable fuel transition strategy and reduce greenhouse gas emissions, we need the support of different platforms to explore feasible solutions to achieve decarbonization. Yang Ming Shipping strengthens This commitment to decarbonising our fleet is demonstrated in our upcoming programme of five 15,000TEU vessels to be built with greener and lower carbon fuel options.”


Ye Wenchao, deputy general manager of Wanhai Shipping, said: "As a responsible shipping company, we must act proactively and jointly achieve the goal of carbon neutrality through cross-disciplinary cooperation with alliance members, combined with expertise in shipping, finance, technology and energy. "


Goh Chung Hun, general manager of PIL fleet, said: "PIL is delighted to be a member of the 'Silk Alliance', and we hope that by participating in this alliance, we will demonstrate our commitment to decarbonizing the fleet. At the same time, with other interests Stakeholders work together to create regional green corridors for feeder shipping through the use of low-carbon fuels.”


It is understood that at the COP26 meeting, 22 countries jointly signed the "Clydebank Declaration", announcing the establishment of multiple zero-emission shipping routes, namely "Green Corridor Cluster".


The Green Corridor Cluster aims to encourage ships to use zero-emission fuel by establishing a pricing mechanism, initially through subsidies, and eventually adopting a carbon pricing strategy.


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