ONE orders ten large container ships in South Korea and Japan

Japanese shipping company Ocean Network Express (ONE) has placed an order for ten large container ships with delivery in 2025.

Shipbuilding contracts for the vessels have been signed with Hyundai Heavy Industries of South Korea and Nihon Shipyard of Japan. Each shipyard will build five ships.

ONE said the vessels will have a design capacity of more than 13,700 TEUs and will be designed to be ready to capture and store ammonia, methanol or carbon.

“ONE is committed to becoming a leader in maritime decarbonization and remains fully committed to achieving sustainable shipping by achieving carbon neutrality by 2050,” ONE said in a statement. “The company will continue to make the necessary investments in greener assets and technologies, while engaging in open collaboration with industry stakeholders.”

Nihon Shipyard was established in January 2021 as a joint venture between Japanese shipbuilders Imabari Shipbuilding and Japan Marine United Corporation (JMU).

Ocean Network Express, or ONE, was formed in 2017 through the combination of Japan’s three largest container shipping companies, NYK Line, “K” Line and MOL. The company started operations in April 2018 as the sixth largest container shipping company in the world.

Currently, ONE ranks seventh in the world among liner operators with a fleet of 205 vessels and 1.5 million TEUs, according to Alphaliner. The company’s order book stands at 34 ships.

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