U-Ming Marine Transport Corp., a subsidiary of the Far Eastern Group, has set out its vision and aspirations to use resources more efficiently and responsibly thus minimizing the impact on marine ecosystem caused by vessel operations; in particularly striving to reduce greenhouse gas emission and fuel consumption with devoted efforts for making a contribution to the environmental sustainability.
We have been pursuing individual and collective actions to work towards this vision. We have worked in partnership with industry leading organizations like classification societies and shipyards to help improve standards and practices in the environmental management.
U-Ming has taken part in the “Sustainable Shipping Initiative (SSI)” to devote energies to the promotion of concept and technology of environmental protection. Through the forum, U-Ming is capable of cooperating with advanced shipping companies and related industry players to jointly lay out the vision and the implementation for marine sustainable operations.
We strive to protect the marine environment by preventing the release of harmful substances to the marine ecosystems. And we continue to minimize the production of unnecessary liquid and solid waste onboard our vessels. Our environmental management systems are certified as per international ISO 14001 standard and we ensure full compliance with all environmental regulations.
In 2013, the greenhouse gases created from our shipping operations decreased by 10% due to the lower fuel consumption in our fleet; placing us on track to reach U-Ming’s target of 25% CO2 reduction in 2020. Since 2012, U-Ming has ordered 21new generation vessels which have the features of energy-saving and carbon reduction as well as environment friendliness to reduce greenhouse gas emission and fuel consumption up to 20-25%. It is partly proven by the newly delivered 188K fleet in March and April 2014.
Some of U-Ming’s green initiatives include:
- ME electronic injection engine to increase efficiency and super slow steaming capability
- Engine de-rating for promoting the engine and propeller efficiency
- Hull form optimization
- Apply low friction self-polishing anti fouling coating
- Class notation for IHM-Green passport
- Ballast water management system with Class notation
- Propeller boss cap fin
- Fuel oil homogenizer
- Duct + Pre-swirl fin or Flipper fin+ Pre-swirl fin
- Trim optimization tool
Rising fuel costs, onslaught of technology and environmental awareness are among the forces that are driving the shipping industry to reinvent itself. This tsunami of challenges demand an urgent need to transform the way the shipping business is done. Only by making radical changes can the industry survive and thrive in the new and increasingly volatile global shipping environment.
U-Ming will continue its efforts to save fuel and carbon emissions by focusing on crew awareness, training, vessels’ retrofit programmes, economic operations such as voyage optimization, etc.
Fuel oils are the major energy and operating cost of ships. As global environmental laws and regulations in relation to marine transport tightening increasingly, it is necessary for us to increase LSFO utilization and reduce the utilization of HFO with high sulfur to reduce pollution and thereby meet the global legal requirements. Compared to 2017, the fleet consumed about 3.7% less (heavy) fuel oil in 2018, while LSFO use increased by 56%. In 2018, we began to review the fleet’s fuel consumption index (FCI) based on fuel consumption of unit goods per tonne-nautical mile (g/t-nm). The results show that the Capesize bulk carrier has a better FCI than that of the Panamax bulk carrier and the Handymax bulk carrier; the fuel consumption of the bulk carrier fleet increased by about 3-5% compared to last year, and the Panamax bulk carrier has the highest fuel consumption, suggesting that ship age increases average oil consumption. In recent years, we have been actively implementing the ship renewal project. Apart from one new Panamax delivered in October 2018, another one will begin operations in 2019 to effectively reduce fuel consumption of this ship type. We will plan and arrange the installation of energy conservation or GHG reduction facilities in other existing ship types, hoping to reduce fuel consumption and impacts on the environment and air.