Singapore-based Ocean Network Express has signed a Letter of Intent (LoI) with Shoei Kisen Kaisha, for the 15-year long-term charter of six new Ultra Large Container Ships (ULCS) with capacity greater than 24,000teu. ONE claims the ships will be the largest container ships afloat when completed.
The new buildings are planned to be built by the consortium of Imabari Shipbuilding and Japan Marine United Corporation and ONE expects to take delivery in 2023/2024. This new class of ships forms part of ONE’s ongoing strategy to introduce large, modern, and fuel-efficient vessels to further strengthen its fleet competitiveness.
Currently, the world’s largest ULCS have a maximum capacity of slightly below 24,000teu. The six new ULCS with capacity exceeding 24,000teu will help bring economies of scale and significantly lower carbon emissions through a state-of-the-art hull design that aims to maximise cargo intake and minimise fuel consumption. The vessels will be equipped with exhaust gas cleaning systems to meet the emissions regulations of IMO.
The decision to install scrubbers matches that of MSC’s newest order for six similar sized vessels to be built by Yangzijiang at three Chinese yards also announced in late December.