October 5, 2023


Current Maritime News | Clean Energy

ONE orders the first 10 ships to build a green fleet

3 min read
Japan Ocean Network (ONE)

Investing in green ships instead of leasing ships, Japan’s largest container shipping company, Japan Ocean Network (ONE), has launched a fleet expansion plan of 10 billion US dollars, aiming to expand its fleet by 60% in the next eight years. The “new owner”‘s first order for 10 new ships is also close to being finalized.

On March 23, ONE CEO Jeremy Nixon announced that in the 2022-2023 fiscal year, ONE will invest 20 billion US dollars, of which as much as 10 billion US dollars will be used to order new ships, and it is expected that there will be 150,000 TEUs per year. newbuilding investment. Another $10 billion will be invested in other areas such as terminals, technology and containers.

He pointed out: “We have just started ordering new buildings under the ONE name. We have previously chartered 38 new buildings with a total capacity of about 500,000 TEU. These new ships will replace older ships whose leases have expired, helping to increase the overall benefit in terms of cost of accommodation, lowering our carbon footprint.”

Jeremy Nixon said: “Last year we had 75% of our ships leased from shareholders, and by 2030 this will be reduced to 20%… that’s why we need to supplement our future ship demand.”

In line with the company’s green strategy, ONE‘s new ships will be able to use hydrogen, ammonia, or methanol as fuel, and the introduction of alternative fuels will take place by 2030. ONE aims to reduce greenhouse gas emissions by 70% by 2030 and achieve net-zero emissions by 2050.

According to data provided by ONE, the 38 long-chartered new buildings include 6 24,000TEU, 14 15,000TEU, 8 12,000TEU, and 10 7,000TEU container ships, of which 4 12,000TEU and 4 15,000TEU have been delivered in FY2020 and FY2021 Operation, and 26 more will be delivered in the fiscal year 2023 to the fiscal year 2024.

It is understood that the six 24,000TEU ships leased by ONE were ordered by Japanese shipowner Shoei Kisen Kaisha at Imabari Shipbuilding and Japan Shipbuilding United (JMU), and the 10 7000TEU ships were ordered by Seaspan at Waigaoqiao Shipbuilding. In addition, 4 12,000TEU and 4 15,000TEU ships ordered by Seaspan in Yangzijiang Shipbuilding Industry last year have also been confirmed to be leased to ONE.

At the same time, it is reported that ONE will order 10 13,000TEU container ships, 5 each of which will be built by Imabari Shipbuilding and Hyundai Heavy Industries. The new ships will be LNG-ready designs and are expected to cost as much as $160 million each. This will be the first time ONE has built a new ship on its own as a shipowner.

According to Alphaliner‘s data, ONE‘s current fleet is 208 ships of about 1.5284 million TEU, including 84 self-owned ships and 124 leased ships, ranking sixth in the world in terms of shipping capacity. Based on the figure of 150,000 TEU per year, the capacity of the ONE fleet will increase by 1.2 million TEU by the fiscal year 2030 compared with the current level, reaching about 2.73 million TEU, an increase of nearly 60% incapacity.

It is understood that ONE was established in 2017. It is a container ship business company jointly established by Japan Merchant Shipping Mitsui, Kawasaki Kisen, and Nippon Yusen. The three companies currently hold 31%, 31%, and 38% of the shares respectively.

Benefiting from the strong freight demand, ONE forecasts that the net profit after tax in the fiscal year 2021 (April 2021-March 2022) is expected to reach US$15.398 billion, an increase of nearly 5 times compared with the net profit of US$3.48 billion achieved in the fiscal year 2020. From January to December 2021, ONE achieved a pre-tax profit margin of 53%, well above the industry average of 40%.

Source: eworldship



3月23日,ONE首席执行官Jeremy Nixon宣布,在2022-2023财年,ONE将投资200亿美元,其中多达100亿美元将用于订造新船,预计每年将会有15万TEU规模的新造船投资。另外100亿美元将用于码头、技术和集装箱等其他领域投资。


Jeremy Nixon表示:“去年我们有75%的船舶是从股东那里租入的,到2030年这一比例将减少到20%……这就是为什么我们需要补充我们未来的船舶需求。”









Copyright © All rights reserved. | Newsphere by AF themes.