Japan shipper ONE hedges against China risks with home-built vessels

Company hopes to avoid Washington's potential port fees on Chinese ships

20250617N ONE new ship 1

ONE Singapore, the company's newest ship, can run on both heavy fuel oil and low-emission fuels like methanol and ammonia. (Photo by Tomonori Washida)

TOMONORI WASHIDA

TOKYO -- Japanese container shipper Ocean Network Express (ONE) unveiled a Japan-built ship on Tuesday, one of 15 vessels it plans to launch in the next two years as it looks to mitigate risks from ongoing U.S.-China tensions.

"We like to think we are an international company, truly a global international company," said CEO Jeremy Nixon at the christening of a ship at an Imabari Shipbuilding plant in Mihara, Hiroshima prefecture, on Tuesday. "I'm very pleased to say that this was the first set of ships that we built, which are owned by ONE."

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.