Ocean Network Express (ONE) has advanced its Green Strategy by implementing a Ship Recycling Policy and joining the Ship Recycling Transparency Initiative (SRTI), a few weeks before the Hong Kong Convention enters into force.
As explained, as ONE continues to expand its owned fleet, the Company is strengthening its commitment to the safe and environmentally responsible decommissioning of ships at the end of their operational life. In line with this commitment, ONE has established a Ship Recycling policy, requiring that all ONE vessels be recycled only at certified and reputable recycling facilities that operate in compliance with applicable international regulations and standards.
Furthermore, in joining the SRTI, ONE will disclose its ship recycling policies and practices, supporting the initiative’s efforts to enhance accountability and sustainability within the maritime industry by encouraging voluntary data disclosure from shipowners.
ONE’s announcement coincides with the upcoming entering into force of the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (HKC) on June 26, 2025. Its primary aim is to ensure that ships, when being recycled after reaching the end of their operational lives, do not pose unnecessary risks to human health, safety, and the environment. The Convention sets legally binding standards for the design, construction, operation, and preparation of ships to facilitate safe and environmentally sound recycling.
We remain committed to fulfilling our responsibilities as a shipowner and to promoting safe, environmentally sound, and socially responsible ship recycling practices across the maritime industry
… said Michimasa Noda, Senior Vice President, Sustainability.
