Orient Overseas Container Line (OOCL) announced a newbuilding order of seven methanol-compatible 24,000TEU container vessels with expected delivery starting from the third quarter of 2026.
Under the terms of a contract dated 28 October 2022, the vessels will be built by Nantong COSCO KHI Ship Engineering Co., Ltd. The cost of each vessel will be US$239.85 million, being a total investment by OOCL of US$1,678.95 million.
The green fuel technologies to be applied on these new vessels, most notably for the methanol dual fuel engines, constitute a significant milestone in OOCL’s decarbonization journey.
These vessels will help OOCL grow its fleet in a healthy and balanced manner, allowing us to enhance our network design and strengthen our long-haul routes, in line with our long-term development plan
Kenny Ye, Chief Operating Officer at OOCL, said, adding that
I believe that the ordering of these methanol-compatible vessels represents a hugely important step on our decarbonization journey towards a greener future
