ONE Orders Ten Large Containerships in South Korea and Japan

Japanese shipping line Ocean Network Express (ONE) has placed an order for ten large containerships with delivery in 2025.

Shipbuilding contracts for the vessels have been signed with South Korea’s Hyundai Heavy Industries and Nihon Shipyard of Japan. Each shipyard will construct five vessels.

ONE said the ships will have a nominal capacity of more than 13,700 TEU and designed to be ammonia-, methanol-, or carbong capture and storage-ready.

“ONE is determined to become a leader in maritime decarbonization and remains fully committed to achieving sustainable marine transportation by achieving carbon neutrality by 2050,” ONE said in a statement. “The company will continue to make necessary investments in greener assets and technologies, whilst engaging in open collaboration with industry stakeholders.”

Nihon Shipyard was formed in January 2021 as a joint venture between Japanese shipbuilders Imabari Shipbuilding and Japan Marine United Corporation (JMU).

Ocean Network Express, or ONE, was formed in 2017 through the combination of Japan’s three biggest container shipping lines, NYK Line, “K” Line and MOL. The company kicked off operations in April 2018 as the world’s sixth largest container shipping company.

Currently, ONE ranks as the world’s seventh largest liner operator with a fleet of 205 ships and 1.5 million TEU, according to Alphaliner. The company’s orderbook stands at 34 ships.

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