Ship ahoy: NOL unveils largest, 'greenest' container vessel

More to come from its US$4b worth of new fleet.

The NOL Group today welcomed its newest, largest, and most environmentally-friendly vessel to its fleet. The 14,000-TEU (twenty-foot equivalent unit) container ship was officially named APL Temasek in a ceremony in Singapore by Mrs Mary Tan, spouse of the Republic’s President. 

The vessel’s name was inspired by the old name of Singapore, meaning ‘Sea Town’. NOL said that APL Temasek’s sister ships will likewise be named after icons of the island state.

APL Temasek is the first in a series of ten 14,000-TEU vessels on order by the Singapore-based shipping and logistics group. She is also the largest container ship to be registered in Singapore.

“Today, we celebrate a landmark in NOL’s history,” said NOL Group Chairman Mr Kwa Chong Seng. “We are modernizing our fleet, improving our cost structure, and investing in the future.

To compete successfully in today’s marketplace, we must ensure that we have the most competitive product with the latest technology, design and sustainability features.”

The delivery of NOL’s first 14,000-TEU ship comes on the heels of ten new 10,000-TEU ships which joined the fleet between 2011 and 2012. These newbuildings are part of a US$4 billion fleet renewal programme aimed at improving NOL’s slot cost.

They are replacing older, less efficient ships that are either sold or returned to charter owners.

“With the delivery of this new series, we are on track to fulfill current and future requirements for more economical and environmentally-sustainable ship operations,” continued Mr Kwa. 

The 14,000-TEU series of ships feature several innovations that improve operational efficiency. For example, its S-type long-stroke main engine is equipped with electronic fuel injection which is optimised to operate at various loads efficiently.

In addition, its specially designed bow and broader hull form improve operating efficiency at various speeds, especially for slow steaming. NOL estimates that with the new design, it is able to improve fuel efficiency by about 20% to 30% per TEU for a speed range of 15-18 knots, compared to previous designs.

By consuming less fuel, this new series of ships will also emit less carbon emissions. Its fuel efficiency, measured by the Energy Efficiency Design Index (EEDI), is certified to be 33% better than guidelines set by the International Maritime Organization (IMO). 

The APL Temasek is currently plying the Asia-Europe trade on the Loop 4 service. 

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

You're the reader we write for. You're also the person our partners want to reach.

If that sentence describes you — a founder, a C-suite, someone whose attention companies pay good money for — then you already understand why SBR works. We've spent twenty years earning the trust of readers exactly like you. Which is exactly what makes this an interesting place for your company to show up, too.

The ways it can show up are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The right fit depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If your company has something this audience should know about, we'd like to hear what you're working on.

No rate cards until we understand the brief. It's a better use of everyone's time.

Top News

30 One-Sentence Stories From People Who Have Built Better Habits
None of these stories are mine. They were sent to me by readers of Atomic Habits. My hope is that these examples will illustrate how real people are putting the book into practice. They will show you what people are actually doing to build good habits and break bad ones. And hopefully, they will spark some ideas for how you can do the same.
SBR 5 Lorem Ipsum News 2 [8 May]
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
SBR 4 Lorem Ipsum [8 May Top Stories]
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Exclusives

How Experts Figure What to Focus On
eliminate the distractions. Commit to one thing and become great at that thing.”
Exclusive three SBR 12 Lorem Ipsum [8 May]
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
SBR 3 Lorem Ipsum [ Exclusive 2]
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Event News

Video [Event News]
Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley