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.

[Carbon Emissions Index for the Far East – U.S. West Coast trade in Q4 2022]  

Carbon Emissions Index
(Source : Xeneta)

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 variousfuel 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.”

Press Release

Disclaimer :
The information contained in this website is for general information purposes only. While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.

Do you have info to share with us ? Suggest a correction

About Author

Marine Insight News Network is a premier source for up-to-date, comprehensive, and insightful coverage of the maritime industry. Dedicated to offering the latest news, trends, and analyses in shipping, marine technology, regulations, and global maritime affairs, Marine Insight News Network prides itself on delivering accurate, engaging, and relevant information.

Subscribe To Our Newsletters

By subscribing, you agree to our Privacy Policy and may receive occasional deal communications; you can unsubscribe anytime.

Web Stories

Leave a Reply

Your email address will not be published. Required fields are marked *