Pictured: the naming ceremony of the OOCL Wisdom, which is a 24,000 TEU methanol powered ship. Photo: supplied by OOCL.

OOCL names its first 24,000 TEU dual-fuel, methanol-powered box ship; world fleet to hit 1,200 dual-fuel ships

By Shipping Australia

Orient Overseas Container Line has held the naming ceremony of OOCL Wisdom, the Company’s first methanol dual‑fuel container vessel. The ship will be the first of a series of seven vessels.

With a maximum capacity of 24,168 TEU, OOCL Wisdom is said to be the world’s largest methanol dual‑fuel container vessel. All main engines, auxiliary engines and boilers are equipped with methanol dual‑fuel systems, and the vessel integrates advanced energy‑efficiency management, intelligent monitoring and safety assurance systems, for  environmental performance and high energy efficiency.

“The delivery of the vessel marks a new milestone in technological innovation and low‑carbon development for OOCL’s fleet,” reads a statement from the company.

At the naming ceremony, Mr. Tao Weidong, Chief Executive Officer of OOCL, said: “The delivery of OOCL Wisdom not only expands OOCL’s fleet and sets a new benchmark for our vessel technology, but also demonstrates our firm commitment to green and low‑carbon development, digital intelligence and sustainability. The ongoing delivery of large, modern and highly energy‑efficient vessels represented by OOCL Wisdom will support both the growth of our fleet and continuous upgrades in vessel performance, enabling us to build a greener, more efficient and intelligent shipping network with broader coverage. This, in turn, will allow us to provide more secure, more reliable and more sustainable logistics solutions in support of global trade.”

Over 1,200 dual fuel ships

Meanwhile, the World Shipping Council has recently reported that, as of March 2026, the number of dual-fuel container ships and vehicle carriers on the water has reached 440 – which is a 65% year-over-year increase. The body added that the number of dual-fuel vessels on order has also continued to grow, reaching 764 ships. Across the order book, 78% of container ship orders are dual-fuel, 94% of vehicle carrier orders are dual-fuel, and 17% of orders across the rest of the fleet are dual-fuel.

As at the end of March 2026, there were 1,204 dual-fuel container ships and vehicle carriers delivered or on order, representing over $180 billion USD in private investment, according to the World Shipping Council.

“These vessels are long-term investments built with flexibility in mind,” said Joe Kramek, WSC President & CEO. “Ships built today will operate for decades, and the ability to operate on different fuel pathways helps reduce risk, strengthen energy security, and support more resilient global supply chains. Continued constructive engagement at the IMO remains essential to provide the global regulatory certainty needed to scale investment in alternative fuels.”

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