Ocean Network Express (ONE) has signed Ship Building Contracts with Jiangnan Shipyard and Yangzijiang Shipbuilding for a total construction of twelve 13,000 TEU methanol dual-fuel container ships.
Each shipyard will build six vessels and are all scheduled to be delivered from 2027. These vessels will include technologies such as optimized hull form, waste heat recovery systems and bow windshield. Selected vessels will also be equipped with an air lubrication system and shaft generator to help with exploring potential enhancements in fuel efficiency and the reduction of greenhouse gas (GHG) emissions.
In the current maritime and sustainability landscape, methanol is anticipated to hold significant potential for emission reduction. This move aims to help accelerate ONE’s decarbonization efforts and ensure compliance are in line with regulations in the shipping industry.\
According to DNV’s Alternative Fuels Insight (AFI) platform, a total of 298 ships with alternative fuel propulsion were ordered in 2023 – an 8% increase year on year. By a small margin, methanol proved the most popular alternative fuel choice in 2023 with 138 ships ordered (excluding methanol carriers), a steep increase compared to the 35 ordered to run on this fuel the year before.
Our decision to invest in methanol-dual fuel vessels aligns with ONE’s Green Strategy as part of our key initiatives. 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.
… said Jeremy Nixon, CEO, ONE
