HMM becomes best-performing carrier for carbon emission

between Far East and U.S. West Coast

- HMM announced it was selected as the best-performing carrier,

achieving the lowest carbon emission between Far East Asia and the U.S. West Coast in Q4 2022,

based on the Carbon Emissions Index (CEI).

CEI is published quarterly by Xeneta, a leading ocean freight rate analysis firm, in partnership with

Marine Benchmark, a data management specialist for the maritime industry. CEI demonstrates

the carbon intensity of shipping companies across 13 main global trade lanes based on the actual

cargo load and sailing data.

According to CEI, HMM recorded 70.2 in Q4 2022, scoring 27% better than the trade lane average of 96.2.

HMM unveiled its mid-to-long-term strategy in July last year and is committed to enhancing its

environmental capabilities.

As part of its continuous environmental initiative, HMM ordered nine methanol-powered containerships

last month. It also has signed a Memorandum of Understanding (MoU) with various fuel suppliers to

secure the supply of methanol fuel.

In addition, HMM opened a land-based 'Fleet Control Centre' in 2020. This centre is enabled to monitor

harmful greenhouse gas emissions by effectively controlling fleet operations and processing sailing

data in real time.

An HMM official said, "Environmental capabilities are key to success for a sustainable future amid the

ever-changing market situation. We will be dedicated to better preparing for stricter environmental

regulations by reducing carbon emissions."

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HMM Co. Ltd. published this content on 02 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 March 2023 23:48:06 UTC.