Idan Ofer’s Eastern Pacific Shipping has highlighted a $2.6bn investment in green initiatives to upgrade, renew and enlarge its fleet and help it hit emissions targets ahead of schedule.

Singapore-based Eastern Pacific has been one of the prime movers in ordering alternative-fuelled vessels at what it believes is a “pivotal moment for the shipping industry”.

Its decarbonisation efforts date back to 2018, when it signed one of the world’s first orders for a dual-fuel LNG boxship, CEO Cyril Ducau wrote in the company’s 2024 environmental, social and corporate governance report.