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HCM-EWA 5,134 USD/FEU -2.19% Index 1,307 pts
2026-10-30 Global
VCFI Composite Rate 5,000 USD/FEU -2.74% VCFI Composite Index 3,452 pts -2.85%
2026-10-30 US West Coast
HCM-UWC 8,011 USD/FEU -1.99% Index 3,903 pts
2026-10-30 US East Coast
HCM-UEC 10,764 USD/FEU -2.63% Index 3,294 pts
2026-10-30 Northern Europe
HCM-NEU 3,527 USD/FEU -9.18% Index 2,427 pts
2026-10-30 Mediterranean
HCM-MED 4,163 USD/FEU -1.48% Index 2,274 pts
2026-10-30 China
HCM-CHN 86 USD/FEU -0.04% Index 1,011 pts
2026-10-30 Korea
HCM-KOR 341 USD/FEU -3.68% Index 1,142 pts
2026-10-30 Japan
HCM-JPN 522 USD/FEU -0.75% Index 1,686 pts
2026-10-30 Southeast Asia
HCM-SEA 331 USD/FEU -2.25% Index 1,696 pts
2026-10-30 Oceania
HCM-ANZ 4,879 USD/FEU +1.42% Index 7,721 pts
2026-10-30 Middle East
HCM-MEA Suspended
2026-10-30 South America
HCM-SAM 5,285 USD/FEU -4.24% Index 3,302 pts
2026-10-30 South Africa
HCM-ZAF 4,982 USD/FEU +0.86% Index 2,831 pts
2026-10-30 East & West Africa
HCM-EWA 5,134 USD/FEU -2.19% Index 1,307 pts
2026-10-30 Global
VCFI Composite Rate 5,000 USD/FEU -2.74% VCFI Composite Index 3,452 pts -2.85%
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Saturday, 03/05/2025, 09:26 (GMT +7)

916

OOCL orders 14 methanol-fueled container ships as part of major fleet expansion

OOCL is spending $3.08 billion to build 14 methanol-fueled container ships, demonstrating its commitment to expanding its fleet and transitioning to clean energy in the shipping industry.

OOCL-Spain-at-shipyard-in-Nantong

OOCL Spain in Nantong (Photo: OOCL)

 

Orient Overseas (International) Limited (OOCL) has signed a contract to build 14 new container ships equipped with dual-fuel methanol engines, marking a major step in the company's fleet expansion strategy.

The deal announced today is worth a total of $3.08 billion, or $220 million per ship. The ships will be built at two shipyards in Nantong and Dalian, both part of the COSCO Shipping Group ecosystem.

Orient Overseas Container Line (OOCL), one of the world's largest container shipping lines, is a subsidiary of Orient Overseas (International) Limited, majority owned by COSCO Shipping. The investment in methanol-powered container vessels demonstrates OOCL's strong commitment to energy transition and sustainable development, in line with the trend of decarbonization in the global shipping industry.

 

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Source: Phaata.com (According to G Captain)

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