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Joint design image by Yangzijiang Shipbuilding representing 6 of the vessels. Image courtesy Ocean Network Express

Joint design image by Yangzijiang Shipbuilding representing 6 of the vessels. Image courtesy Ocean Network Express

ONE Orders First Methanol-Fueled Ships

Mike Schuler
Total Views: 2229
January 17, 2024

Ocean Network Express (ONE), the world’s sixth-largest container carrier, has placed orders for the construction twelve 13,000 TEU methanol dual-fuel containerships.

These will be the first methanol-dual fuel vessels in ONE’s fleet, marking a significant step in the company’s green strategy.

ONE has signed contracts for the vessels with Chinese shipbuilders Jiangnan Shipyard and Yangzijiang Shipbuilding. Each shipyard will construct six vessels, with deliveries commencing in 2027.

The vessels will be equipped with state-of-the-art energy efficiency technologies such as optimized hull form, waste heat recovery systems, and a bow windshield. Selected vessels will also feature an air lubrication system and shaft generator, which will contribute to enhancements in fuel efficiency and the reduction of greenhouse gas (GHG) emissions.

“Our decision to invest in methanol-dual fuel vessels aligns with ONE’s Green Strategy as part of our key initiatives,” said Jeremy Nixon, CEO at ONE. “Upcoming new fleet is pivotal in 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.”

The transition from conventional fuel to alternative fuels is a key pillar of ONE’s Green Strategy, which aims to achieve net-zero GHG emissions, encompassing Scope 2 and 3 emissions, by 2050.

ONE, founded in 2017 following the consolidation of “K” LINE, MOL, and NYK, operates from its global headquarters in Singapore. With regional headquarters in Hong Kong, Singapore, the United Kingdom, the United States, and Brazil, ONE operates over 230 vessels representing approximately 1.8 million TEU and offers over 170 services to 120 countries.

ONE is a member of THE Alliance (THEA), a global ocean carrier alliance that also includes Hapag-Lloyd, HMM, and Yang Ming.

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