The maritime carrier ONE – Ocean Network Express, based in Singapore and represented in Portugal by ONE SHIPPING, LDA., signed contracts with the Chinese shipyards Jiangnan Shipyard and Yangzijiang Shipbuilding, for the construction of twelve container ships with capacity of 13 thousand TEU of double methanol, which should be delivered from 2027.

The order for new environmentally friendly ships is part of ONE's Green Strategy, to ensure a sustainable supply chain for the future, fulfill its decarbonization plan and comply with shipping industry regulations.

Given the current maritime and sustainability scenario, methanol is expected to have significant potential for reducing GHG (greenhouse gas) emissions by 2050. Furthermore, the new vessels will include cutting-edge technologies, such as a optimized hull, waste heat recovery systems and bow windshield.

“Our decision to invest in methanol and dual fuel vessels is aligned with ONE’s Green Strategy as part of our core initiatives,” said Jeremy Nixon, CEO of the Singapore-based company.

“The upcoming new fleet is critical to achieving our goal of deploying the first alternative fuel ships by 2030 and marks a significant milestone in our journey towards a greener and more sustainable maritime industry,” he said.

Ocean Network Express (ONE) opened on July 7, 2017 following the regular service integrations of Kawasaki Kisen Kaisha (“K” LINE), Mitsui O.S.K. Lines (MOL) and Nippon Yusen Kaisha (NYK). It has global headquarters in Singapore and is supported by regional headquarters in Hong Kong, Singapore, the United Kingdom, the United States and Brazil. Operating with more than 230 ships, it offers a fast international network of more than 170 services to more than 120 countries.

ONE is the sixth largest container carrier in the world, with a fleet of approximately 1.8 million TEU. It is a member of THE Alliance (THEA), a global consortium of shipping carriers.

Source: ONE – Ocean Network Express