ONE signs Shipbuilding Contracts for 10 Very Large Container Ships

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Ocean Network Express Pte. Ltd. (ONE) has signed shipbuilding contracts with Hyundai Heavy Industries Co. Ltd. and Nihon Shipyard Co., Ltd. to construct five vessels each, adding a total of ten modern Very Large Container Ships (VLCS) to ONE’s fleet.

These ships have a nominal capacity of more than 13,700 TEU and will be delivered in 2025. This investment embodies ONE’s Midterm Strategy announced in March to safeguard a sustainable supply chain for the future and underscore ONE’s green strategy and decarbonization plan.

The vessels are designed with the highest efficiency standards as well as a variety of cutting-edge technology to reduce navigational impacts on the environment and are planned for the “Ready notation” or “AiP (Approval in Principle)” of Ammonia and Methanol as fuel, Carbon Capture and Storage. Moreover, this fleet will enable ONE to broaden the exploration of long-term alternative fuels and decarbonization 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. The company will continue to make necessary investments in greener assets and technologies whilst engaging in open collaboration with industry stakeholders.


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Ryan is the Digital Marketing and Content Creation Manager for Trade and Logistics Siam Ltd. He provides a creative flair to the team and his resourcefulness helps to bring an imaginative improvement to both literary archetypes and online content production. A writer by day and a rider by night, when he's not composing the latest logistics news update or creating compelling copy for our clients, Ryan spends his free time travelling Thailand by motorbike.