Ocean Network Express (ONE) announced that it has received Approval in Principle (AiP) for a vessel equipped with Ammonia Dual-fuel technology.
This achievement, combined with ONE's investment in 12 methanol dual-fueled vessels, represents a significant stride in ONE's commitment to achieving net-zero emissions by 2050, according to the company's statement.
The newly AiP-awarded 3,500 TEU vessel is the result of collaborative efforts between ONE, Nihon Shipyard (NSY), and the classification society DNV. This collaboration was initiated as part of a joint development project established in late 2022.
"Ammonia is one of the primary focuses of our research as ammonia fuel has a great potential of generating lower GHG emissions than conventional marine fuels. We are pleased to have made such progress, and we will continue our study on ammonia," said Koshiro Wake, senior vice president of the Corporate Strategy & Sustainability Department at ONE.
In pursuit of its goal for net-zero emissions by 2050, ONE has been actively exploring the feasibility of ammonia as an alternative fuel by the roadmap for alternative fuels developed by ONE in 2022. As part of this roadmap, ONE has also participated in a bunkering pilot safety study led by GCMD (Global Centre for Maritime Decarbonisation).
"Ammonia is one of the promising future marine fuels with great potential to decarbonize shipping. We are confident that DNV's rules for ammonia will help our customers to safely adopt this new fuel type once the infrastructure is in place. We are grateful to our JDP partners for entrusting us with this pioneering project that will help the entire maritime industry to adopt ammonia as a marine fuel," commented Cristina Saenz de Santa Maria, regional manager of South East Asia, Pacific & India, Maritime at DNV.
The ONE Green Strategy has established an ambitious goal to attain Net-Zero greenhouse gas (GHG) emissions, covering Scope 2 and 3, by the year 2050. A fundamental component of ONE's green initiatives involves transitioning from conventional fuels to alternative fuels. In pursuit of this target, ONE said it will persist in researching and studying various alternative fuels on its journey to achieving net-zero emissions by 2050.
