Post-consolidation, Ocean Network Express charts course for greener future in Singapore-centric fleet expansion
Upcoming vessels will benefit from Singapore’s incentives for cleaner ships, says CEO Jeremy Nixon
[SINGAPORE] Being based in Singapore is an advantage in building a greener fleet, shipping line Ocean Network Express’ (ONE) chief executive officer, Jeremy Nixon, said in an interview with The Business Times.
ONE is undergoing a major fleet expansion for a lower-carbon future, with about 50 new vessels on order.
This includes a fleet of 32 S Class container ships that will be registered in Singapore. These can be modified to use the greener fuels methanol or ammonia, and thus enjoy incentives for cleaner ships, said Nixon.