shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » ONE Orders 10 Ammonia/Methanol-Ready Boxships Continuing Expansion

ONE Orders 10 Ammonia/Methanol-Ready Boxships Continuing Expansion

by Joshua
March 27, 2023
in Coast To Coast

Ocean Network Express (ONE) reports it has placed an order for 10 large new containerships as the next step in its growth strategy. The company is also emphasizing the extent of the environmental measures planned for the vessels to make them state-of-the-art.

The containership line announced the new vessels, which will have a carrying capacity of over 13,700 TEU and will be delivered in 2025 and 2026, will be ready for methanol and ammonia in line with the company’s green strategy aimed at achieving carbon neutrality by 2050. ONE did not disclose the cost for each of the vessels or the yard that has been awarded the newbuild contract.

As part of the company’s environmental strategy, ONE said it is having discussions with the shipyard and equipment manufacturers to implement onboard carbon capture and storage on delivery of the vessels. The new ships will also be equipped with a bow cover and other energy-saving technologies. ONE began testing the bow wind shield concept late last year with two of its vessels, the ONE Trust and ONE Tradition. Both vessels are Ultra Large Container Vessels (20,000 TEU). ONE recently said it will continue to install the bow wind shield on our future newbuilds.

The orders are the latest step in a business strategy outlined by CEO Jeremy Nixon a year ago. At the time, he said the company had matured and was now in a phase where it would place construction orders and make strategic investment decisions.  The business strategy calls for a $20 billion investment in vessel and equipment fleet, management systems, and key terminal operations by 2030. Nixon said they would annually invest in 150,000 TEU of capacity.

Last May, ONE placed an order for 10 containerships to be built by Hyundai Heavy Industries and Nihon Shipyard. Due for delivery in 2025, the vessels will have a capacity of 13,700 TEU. That follows a previous order in December 2020 for six 24,000 TEU vessels due to enter service in 2023 and 2024. According to Alphaliner’s rankings of the container carriers, ONE is currently seventh with approximately 200 vessels and a capacity above 1.5 million TEU.

“By ensuring a stable deployment of new, state-of-the-art container vessels without constrained by short-term fluctuations in the container market, the company aims to strengthen its fleet competitiveness and meet customer demand for building and maintaining an efficient and reliable supply chain,” said ONE in a statement.

The fleet investment comes when the commercial shipping industry is recording a slowdown in demand since August last year, a development that is impacting the industry’s near-term profitability. In late January, ONE reported a significant deterioration of third quarter profits that stood at $2.7 billion, down from the $5.5 billion reported in the second quarter, and $4.8 billion realized during the same period in 2021. For the full year, ONE is forecasting a four percent decline in profitability to $14.7 billion.

Having started operations in 2017 through the integration of three Japanese shipping companies, ONE has witnessed significant growth and today operates 156 weekly services to 120 countries with Asia-North America accounting for 32 percent of its business, followed by Asia-Europe at 23 percent and intra-Asia at 22 percent. The company has committed to achieving sustainable maritime transportation by investing in greener assets and technologies, alternative fuels, carbon management, operational efficiency, and clean ship recycling.

shippingposition

Kindly like us on Facebook/twitter


Related Posts

Mawani Grants SGP Four 20-Year Port Concessions

Mawani Grants SGP Four 20-Year Port Concessions

June 30, 2025
Ningbo-Zhoushan Container Volumes Hit New Record In H1

Ningbo-Zhoushan Container Volumes Hit New Record In H1

June 30, 2025
IMO Agrees To Start Revision Of Outdated Regulations For Nuclear-Powered Ships

IMO Agrees To Start Revision Of Outdated Regulations For Nuclear-Powered Ships

June 30, 2025
Ships Near Hormuz Sending Unusual Messages to Deter Attacks

Ships Near Hormuz Sending Unusual Messages to Deter Attacks

June 30, 2025

Latest News

People & Places To Watch In The Maritime Industry In 2025

FRONT PAGE COMMENT: Adewale Adeniyi: Two Years of Steady Hands at the Helm of Nigeria Customs

June 30, 2025

Despite ₦5.17trn Surplus, Dollar Dominates Nigeria-China Trade As Naira-Yuan Swap Struggles

Tinubu Hails Customs CG’s WCO Council Election

FG To Begin Boat Manufacturing, Phase Out Rickety Vessels –Shippers Council

Nigerian Exporters Reject AfCFTA over Poor Infrastructure, Dollar Dependence, Policy Gaps  

Stakeholders Decry Power Tussle Over Wreck Removal, Demand Transparency from NIMASA on Sea Protection Levies 

LASWA to Introduce 70 Electric-Powered Boats to Enhance Waterway Safety, Targets 100,000 Daily Passengers

For The Sake Of Nigerian Seafarers

INTERVIEW: “Nigeria has a very good chance of winning the IMO Council seat”—Dr. Paul Adalikwu

Mawani Grants SGP Four 20-Year Port Concessions

Ningbo-Zhoushan Container Volumes Hit New Record In H1

IMO Agrees To Start Revision Of Outdated Regulations For Nuclear-Powered Ships

kindly like our Facebook page

Health

Contraceptive Pills Can’t Cause Cervical Cancer – Expert
Health

Contraceptive Pills Can’t Cause Cervical Cancer – Expert

June 30, 2025

Mrs Roseline Akinlabi, Adolescent and Youth Sexual Reproductive Health Desk Officer, Osun Primary Healthcare Board, says contraceptive pills cannot cause...

ONIONS: The Good Old Healing Vegetable

KNOW YOUR BODY PARTS: The Liver The liver is a vital organ located in the right upper abdomen, playing a crucial role in metabolism, detoxification, and digestion. It’s the largest solid organ in the body and is responsible for filtering blood, maintaining blood sugar levels, regulating clotting, and synthesizing essential proteins. The liver also stores energy, removes toxins, and produces bile, which aids in digestion Liver functions: · Metabolism and Detoxification: The liver processes nutrients from the blood, breaks down and balances them, and creates essential substances for the body. It detoxifies harmful substances like drugs and alcohol, converting them into less toxic forms for excretion. The liver plays a role in the metabolism of proteins, carbohydrates, and fats. It stores glycogen (a form of glucose) and vitamins, releasing them when the body needs them. · Digestion: The liver produces bile, which is stored in the gallbladder and released into the small intestine to help digest fats. Bile also helps in the absorption of fat-soluble vitamins. · Blood Regulation: The liver regulates blood sugar levels by storing and releasing glucose. It synthesizes clotting factors, which are essential for blood clotting. It removes old red blood cells and processes bilirubin, a byproduct of red blood cell breakdown. · Other Functions: The liver plays a role in immunity, helping to fight off infections. It produces proteins that are involved in the immune response. The liver also stores iron and other essential minerals. Frequently Asked Questions About The Liver · What are the first signs of a bad liver? The initial signs of liver problems can be vague and subtle, often including fatigue, nausea, and loss of appetite. As the liver’s condition worsens, more specific symptoms may emerge, such as jaundice (yellowing of the skin and eyes), itchy skin, dark urine, and light-colored stools. Abdominal pain, especially in the upper right quadrant, can also indicate liver issues. · Where do you feel liver pain? Liver pain is typically felt in the upper right abdomen, just beneath the rib cage. It can manifest as a dull, throbbing pain, a stabbing sensation, or a general feeling of discomfort in that area. In some cases, liver pain might be felt as an ache in the right shoulder or back. · What does liver pain feel like? How liver pain feels can vary from person to person, depending on the cause. However, most people often develop one or more of the following symptoms: Dull, persistent aches in the upper abdomen A feeling of fullness or bloating Sharp, stabbing pains that come and go Tenderness when the upper abdomen is touched · What is the best way to cleanse your liver? If you haven’t been working out, start indulging in a regular exercise regime to allow the toxins to come out of your body. Yoga, going running, hitting the gym, or a simple sauna session can also prove effective. If you want a natural liver cleanse, sweating is the way to go. · How to know if the liver is swollen? What are the symptoms of an enlarged liver? You likely won’t notice an enlarged liver on your own. In some severe cases, you might notice a feeling of bloating or fullness in your belly or an ache in your upper right abdomen. · What is the best drink to flush your liver? Many citrus fruits, including lemon, can be added to water to help stimulate and flush out the liver. Lemons are high in nutrients like vitamin C and antioxidants

June 16, 2025
ONIONS: The Good Old Healing Vegetable

ONIONS: The Good Old Healing Vegetable

June 16, 2025
Why Prostate Disorder Cases Are Increasing Among Nigerian Men – Experts

Why Prostate Disorder Cases Are Increasing Among Nigerian Men – Experts

June 1, 2025
20m Nigerians Live With Mental Health Issues, Says WHO

20m Nigerians Live With Mental Health Issues, Says WHO

June 1, 2025
Health Facts You Didn’t Know

How Your Habit Affects Fertility

May 19, 2025
Fruits For Raining Season

Fruits For Raining Season

May 19, 2025
See Mental Illness Like Other Treatable Diseases – Says Suicide Survivor

Health Facts You Didn’t Know

May 19, 2025
Alligator Pepper: Benefits, FAQ, Side Effects, & Warning

Alligator Pepper: Benefits, FAQ, Side Effects, & Warning

April 28, 2025
Water And Health: The Relationship That Helps Life

Water And Health: The Relationship That Helps Life

April 28, 2025

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition