Orient Overseas Container Line Ltd. (OOCL) last week announced a newbuilding order of seven methanol-compatible 24,000TEU container vessels with expected delivery starting from the third quarter of 2026.
Under the terms of a contract, the vessels will be built by Nantong COSCO KHI Ship Engineering Co., Ltd. The cost of each vessel will be US$239.85 million, being a total investment by OOCL of US$1,678.95 million.
Mr. Kenny Ye, Chief Operating Officer at OOCL, said: “We believe that we can be green and competitive at the same time, without sacrificing one over the other. These vessels will help OOCL grow its fleet in a healthy and balanced manner, allowing us to enhance our network design and strengthen our long-haul routes, in line with our long-term development plan.
“More importantly, I believe that the ordering of these methanol-compatible vessels represents a hugely important step on our decarbonisation journey towards a greener future.”
