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Home›Business & Finance›Singapore: ONE opens new office for green initiatives
Business & Finance

July 4, 2022 · about 4 years ago

Singapore: ONE opens new office for green initiatives

Singapore-based shipping company Ocean Network Express (ONE) has opened its new ONE Green Office, an educational, interactive and collaborative space for green initiatives. The new office was established in Singapore and will become a base for ONE’s global Green Strategy Department and South Asia re

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Singapore-based shipping company Ocean Network Express (ONE) has opened its new ONE Green Office, an educational, interactive and collaborative space for green initiatives.

The new office was established in Singapore and will become a base for ONE’s global Green Strategy Department and South Asia regional headquarters.

The opening ceremony has been held today, 4 July, during which Senior Minister of State for Finance and Transport, Chee Hong Tat , said: “We are appreciative of the opportunity to partner ONE throughout their journey – from when they started operations in Singapore, until today, as ONE expands their footprints here in decarbonisation, manpower development and maritime innovation and digitalisation. We look forward to continuing this close partnership with ONE and industry partners, as we scale greater heights together.”

With the vision of being a global leader in the realization of environmentally sustainable shipping, and a target to reach net-zero by 2050, sustainability is ONE’s top management agenda, the company claims.

In line with this, ONE published its new Green Strategy and formed a new dedicated “green” department which will now be based in this new office, the company’s CEO, Jeremy Nixon , said.

The new strategy focuses on seven key initiatives and is centred on decarbonisation and the environment.

Since the inception of the new green strategy, ONE has launched an environmentally friendly barge service as well as the #ONEOcean project.

Just recently, the shipping company signed a contract for ten eco-efficient very large container ships (VLCS) which will be alternative fuel ready.

As reported earlier by Offshore Energy , South Korean shipbuilder Hyundai Heavy Industries and its Japanese counterpart Nihon Shipyard will each build five vessels with a nominal capacity of more than 13,700 TEUs.

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