Ocean Network Express (ONE) has signed ship building contracts with Hyundai Heavy Industries Co. Ltd and Nihon Shipyard Co, Ltd.
The carrier has ordered five vessels from each of the shipbuilding companies, adding a total of 10 modern very large containerships to its fleet.
The newly ordered ships have a nominal capacity of more than 13,700 TEU and are expected to be delivered by 2025.
According to ONE, this investment embodies its Midterm Strategy to safeguard a sustainable supply chain for the future and underscore its green strategy and decarbonisation plan.
The 10 vessels are designed with the highest efficiency standards as well as a variety of cutting-edge technologies to reduce navigational impacts to the environment.
The fleet will also enable ONE to broaden the exploration of long-term alternative fuels and decarbonisation technologies in the future.
“ONE is determined to become a leader in maritime decarbonization and remains fully committed to achieving sustainable marine transportation by achieving carbon neutrality by 2050,” said the shipping line in a statement.
“The company will continue to make necessary investments in greener assets and technologies, whilst engaging in open collaboration with industry stakeholders.”
ONE has also recently launched its new Middle East—India-Mozambique (MIM) service.
The bi-weekly product offers a direct route connecting ports in Jebel Ali (UAE), Mundra (India), and Maputo (Mozambique) and will provide a gateway option to hinterland markets in South Africa, Swaziland, and Zimbabwe.
The port rotation is as follows: Jebel Ali – Mundra – Maputo – Jebel Ali.