Asia/Pacific News
Ocean Network Express Orders Methanol-fuelled Ships
Wednesday January 17, 2024
Box shipping line Ocean Network Express (ONE) has ordered 12 methanol-fuelled vessels from Chinese shipyards.
Two yards will each build six ships. The newbuilds will be delivered in 2027.
"This significant milestone represents ONE's inaugural fleet of methanol-dual fuel vessels and plays a key role in reaching ONE's sustainable goals as part of the green strategy," the company said in a statement.
The company's green strategy aims to achieve net-zero GHG emissions, encompassing Scope 2 and 3, by 2050.
Singapore-based ONE, which operates a 230-strong fleet, was set up following the integration of the liner services of Japanese shipping companies K LINE, MOL and NYK.