Ocean Network Express (ONE) is said to have shortlisted four shipbuilders in the Far East for five 13,000-teu container ships that it plans to order.

The neo-panamax newbuilding project is said to be worth more than $800m.

Shipbuilding sources identified the yards as Japan’s Imabari Shipbuilding; China’s joint team of Hudong-Zhonghua Shipbuilding and Jiangnan Shipyard; and South Korea’s Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering.