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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

Derryn Wong
Published Tue, Jun 24, 2025 · 06:43 PM
    • Ocean Network Express is rolling out a fleet of 32 new ships that will be able to use alternative marine fuels.
    • Ocean Network Express is rolling out a fleet of 32 new ships that will be able to use alternative marine fuels. PHOTO: DERRYN WONG, BT

    [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.