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ONE Advances Ship Recycling Policy, Joins SRTI

[ July 15, 2025   //   ]

Ocean Network Express, or ONE, has advanced its green strategy by implementing a ship recycling policy and joining the Ship Recycling Transparency Initiative, or SRTI, which promotes responsible practices and environmental stewardship.

Both moves align with ONE’s efforts to enhance transparency, promote ethical operations, and uphold high environmental standards throughout the entire lifecycle of its vessels.

As ONE continues to expand its owned fleet, the company is strengthening its commitment to the safe and environmentally responsible decommissioning of ships at the end of their operational life.

The Singapore carrier’s ship recycling power will require that all ONE vessels be recycled only at certified and reputable recycling facilities that operate in compliance with applicable international regulations and standards.

In joining the SRTI, ONE will disclose its ship recycling policies and practices, supporting the initiative’s efforts to enhance accountability and sustainability within the maritime industry by encouraging voluntary data disclosure from shipowners.

“The development of our ship recycling policy, together with our participation in the SRTI, marks a meaningful step forward in our ‘Clean Ship Recycling’ initiative,” said Michimasa Noda, senior vice president, sustainability, ONE.

ONE’s announcement coincides with the upcoming entering into force of the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships on June 26. The HKC stipulates that the recycling of vessels must be conducted in a manner that does not pose any unnecessary risk to human health, safety and the environment.

ONE operates a fleet of more than 260 vessels with a capacity exceeding 2 million TEUs and provides container shipping services to more than 120 countries.

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