Yang Ming Marine Transport and PSA International have signed an MOU to launch a joint sea-land carbon inset package, combining low-carbon vessel transport with electrified terminal operations. The partnership utilizes a digital Book-and-Claim framework and joint inset tokens to provide cargo owners with transparent, verifiable Scope 3 emissions reductions across the end-to-end supply chain.
Singapore | July 20, 2026 – Taiwanese container carrier Yang Ming Marine Transport Corporation (Yang Ming) and global port operator PSA International (PSA) have signed a Memorandum of Understanding (MOU) to accelerate end-to-end decarbonization across global supply chains. The agreement bridges ocean shipping fuel initiatives with shore-side electrified terminal operations, creating a unified sea-land carbon inset framework for global cargo owners.
The MOU was signed by Mr. Ivan Chiang, Chief Logistics Officer & Senior Vice President of Yang Ming, and Mr. Eddy Ng, Group Head of Operations, Technology and Sustainability at PSA International. The ceremony was witnessed by Mr. Kevin Lee, President of Yang Ming, and Mr. Ong Kim Pong, Group CEO of PSA International.
Sea-Land Carbon Inset Framework
| Operational Scope | Ocean Transport (Yang Ming EcoSea+) | Land & Terminal Operations (PSA International) |
| Core Capabilities | Low-carbon vessel navigation & alternative fuels | Electrified terminal equipment & Node-to-Network strategy |
| Emissions Focus | Lower ocean-leg Scope 3 emissions | Lower port, yard, and landside Scope 3 emissions |
Bridging Ocean & Port Decarbonization
While ocean carriers have traditionally focused on bunker fuel alternatives and terminal operators on equipment electrification, this partnership links both domains into a single, verifiable package. Under the agreement, Yang Ming will connect its low-carbon navigation capabilities, offered through its EcoSea+ service, with PSA’s electrified terminal network and Node to Network landside integration strategy.
Partner Core Competencies & Decarbonization Levers
| Company | Operational Focus | Key Sustainability Initiatives |
| Yang Ming | Ocean Fleet & Marine Bunkering | • 63.32% Carbon Intensity Reduction vs. 2008 baseline (achieved end-2025) • EcoSea+ low-carbon transport service • Alternative fuel adoption & energy conservation upgrades |
| PSA International | Port Terminals & Landside Logistics | • Node to Network landside logistics strategy • Electrified quayside and yard infrastructure • Green terminal network capabilities |
Digital Book-and-Claim & Inset Tokens
To provide cargo owners with accountable emissions accounting, the collaboration focuses on two core operational mechanisms:
- Digital Book-and-Claim Framework: Allows shippers to purchase environmental attributes derived from low-emission vessel voyages and port operations without requiring their specific container to physically travel on a low-carbon route.
- Joint Maritime-Land Inset Token Package: Combines ocean and shore-side carbon reductions into a unified, traceable tokenized package. This gives shippers a single proof-of-reduction mechanism to verify Scope 3 greenhouse gas (GHG) reductions across their transport chain.
Executive Commentary
Addressing the strategic necessity of cross-sector partnerships, Mr. Kevin Lee, President of Yang Ming, stated:
“Enhancing green competitiveness is at the heart of Yang Ming’s operations. As no single company can achieve supply chain decarbonisation alone, we are pleased to partner with PSA to provide a sea-land joint carbon inset package. By combining our maritime fuel initiatives with PSA’s electrified terminal capabilities, we offer global clients an adaptable and verifiable approach to mitigate transparent emissions and fulfill their sustainability objectives.”
Underlining the terminal operator’s role in connected supply chains, Mr. Ong Kim Pong, Group CEO of PSA International, added:
“As responsible stewards of tomorrow, PSA is committed to delivering sustainable impact across the global port and supply chain ecosystem. Tackling the challenges arising from climate change will require the collective efforts of all players in the maritime supply chain sector. We are excited to partner with Yang Ming on the decarbonisation of global supply chains and support the transition towards a more sustainable global economy.”
Broader Regulatory & Market Context
The joint effort comes as global shippers face growing regulatory pressure to account for and lower supply chain emissions:
- Scope 3 Accountability: Multinational cargo owners face strict reporting requirements under corporate sustainability directives, driving demand for verified logistics insetting solutions.
- Regional & IMO Decarbonization Mandates: Mechanisms like the EU Emissions Trading System (EU ETS) and FuelEU Maritime penalize fossil-heavy transport chains, making transparent Book-and-Claim frameworks commercially attractive.
By establishing an audited, tokenized sea-land inset pathway, Yang Ming and PSA aim to turn end-to-end supply chain decarbonization from a operational challenge into a commercial
About PSA International (PSA)
PSA International is a leading global port group and a trusted partner to cargo stakeholders. With flagship operations in Singapore and Antwerp, PSA’s network spans over 170 locations in 45 countries. Beyond terminal operations, PSA provides innovative cargo solutions and digital platforms to orchestrate more resilient and sustainable global trade flows.
Yang Ming Marine Transport Corporation in Brief
Founded on December 28, 1972, Yang Ming Marine Transport Corporation is one of the world’s leading container shipping companies, operating a global service network that connects Asia, Europe, the Americas, Australia, and Africa. As of 2025, Yang Ming operates 100+ vessels, with a combined capacity of 8.236 million DWT and 727,000 TEUs. The company maintains more than 230 service locations across 80+ countries, supported by regional hubs in the United States, Panama, Germany, Greece, and Singapore.
Yang Ming’s operations are guided by four core values: Teamwork, Innovation, Integrity, and Pragmatism. The company has consistently demonstrated leadership in operational reliability, punctuality, and service excellence, earning multiple international certifications including:
- ISO 9001 (Quality Management)
- ISO 14001 (Environmental Management)
- ISM Code (International Safety Management)
Yang Ming’s Decarbonization Strategy
As the first container shipping line in Taiwan to introduce LNG-powered vessels into its active fleet, the company is leveraging dual-fuel technology as a primary bridge-fuel solution. Alongside its LNG investments, Yang Ming is actively future-proofing its pipeline with methanol dual-fuel-ready newbuildings to maintain flexibility as alternative marine fuel supply chains mature globally.
Source: Yang Ming Marine Transport