Singapore’s Ocean Network Express Orders Methanol Dual-Fuel Containerships

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In a significant move towards sustainable maritime transportation, Singapore-based Ocean Network Express (ONE) has confirmed an order for twelve methanol dual-fuel containerships. This decision underscores the company’s commitment to decarbonization and eco-friendly shipping practices.

Details of the Order

  • Ship Specifications: The order comprises twelve vessels, each with a capacity of 13,000 Twenty-foot Equivalent Units (TEU). These ships are being built in partnership with Chinese shipbuilders Yangzijiang Shipbuilding and Jiangnan Shipyard​​.
  • Delivery Schedule: The delivery of these cutting-edge containerships is scheduled for 2026–2027​​.

Aligning with Green Strategy

  • ONE’s Green Commitments: This initiative is part of ONE’s overall Green Strategy, aiming to strengthen the company’s commitment to decarbonization and sustainable supply chain development. The methanol dual-fuel technology aligns with ONE’s proactive strategy for environmentally responsible shipping options​​.
  • Energy-Saving Features: The new ships will be equipped with modern features like a bow shield and other energy-saving equipment, demonstrating ONE’s dedication to environmental responsibility​​.
  • Previous Environmental Initiatives: ONE had previously announced its green intentions in March 2023 by signing a contract to build ten containerships ready for methanol and ammonia. In June 2023, ONE welcomed its first 24,000-TEU containership, ONE Innovation, featuring energy-saving gadgets and systems meeting International Maritime Organization (IMO) emission standards​​.

Long-term Goals

  • Investment in Alternative Fuels: With these strategic investments, ONE aims to deepen its exploration of long-term alternative fuels and decarbonization technologies​​.
  • Carbon Neutrality by 2050: The company’s promise to become carbon-neutral by 2050 highlights its long-term commitment to sustainable maritime transportation​​.

Conclusion

ONE’s order for methanol dual-fuel containerships marks a significant step towards sustainable maritime practices. This move not only demonstrates ONE’s leadership in adopting green technologies but also sets a precedent in the shipping industry for environmental responsibility and innovation.

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