Ocean Network Express (ONE) News

Ocean Network Express (ONE) released the financial result for FY2024 2nd Quarter (from July 2024 to September 2024). The revenue for FY2024 2nd quarter was USD 5,864 million, up 65% from the same quarter of the last year, with a net profit of USD 1,999 million (YoY +USD 1,812 million). The Asia-North America and Asia-Europe trades have experienced strong demand, driven by consistent consumer demand and an early peak season in July and August. In addition, early shipments in the North Ameri...

Watson Farley & Williams (WFW) advised an Asian financial institution as arranger, agent, security agent, and lender on a US$201.85 million sustainability-linked Japanese Operating Lease with Call Option (JOLCO) with Ocean Network Express Pte. Ltd. (ONE) as lessee and Financial Partners Group Co., Ltd. (FPG) as equity provider for two portfolios of container boxes comprising dry container boxes and reefer container boxes. Global container shipping company Singapore headquartered ONE is a g...

From the 1st of October 2024, container cargo from Africa, the Middle East, India and Pakistan can only be collected via the Secure Chain in the port of Rotterdam. Starting from this date, the major shipping lines will no longer issue PIN codes. Containers from these sailing areas will always be securely and reliably released via the new approach. Only hauliers, rail operators and barge operators that have been authorised via the Secure Chain are able to access the terminals. The introduction f...

Ocean Network Express (ONE) together with Hutchison Ports Gdynia (GCT) and The North Event, have successfully organised their 4th annual ONE Terminal Run on Sunday 23rd June, 2024. The initiative connects members in the maritime industry in the spirit of fundraising and wellbeing. This year, the race around the GCT terminal in Gdynia, Poland, welcomed approximately 1,300 runners and over 3,000 supporters, including children to join the children’s run. The day saw the adults joining togeth...

Following a successful 6-month pilot, Ocean Network Express (ONE) UK in partnership with Freightliner will extend its commitment to use HVO100 fuel for all cargo transportation via rail. HVO100 fuel A 100% renewable fuel, HVO is made from raw materials such as vegetable oils, waste-based fat, and oil from the food industry. Switching to HVO can reduce CO2 emissions by up to 90% and is the best alternative to conventional diesel which is normally used to power freight trains. The fuel is certi...

In just two weeks, the highly anticipated 18th edition of Asia Pacific Maritime (APM) is set to herald the largest gathering of the global maritime value chain in Southeast Asia. Networking and delegation visits From 13 to 15 March 2024, over 1,400 global brands will be present at the conference and exhibition, spanning 17 pavilions across six expansive halls of Singapore's Marina Bay Sands.   From closed-door networking sessions and delegation visits to product launches and busines...

The Maritime and Port Authority of Singapore (MPA), the Port of Rotterdam Authority (PoR) and 20 partners in the Green & Digital Shipping Corridor are working to reduce 20% to 30% of emissions from international shipping by 2030. This was agreed at the third Green Corridor workshop, held this week in Rotterdam. Green & Digital Shipping Corridor The Green & Digital Shipping Corridor was established in August 2022 to bring together partners across the supply chain to realise zero and...

The Port of Hamburg remains a permanent fixture on the shipping lines' routes for the Megamax class. On Saturday, July 15th, the ‘ONE Innovation’, the first 24,000 TEU vessel of the ONE shipping company, will come to Hamburg. With a length of 400 m and a width of 61.40 m, it has a capacity of 24,136 TEU. This makes it one of the few container ships that have so far exceeded the magic capacity limit. Minimising fuel consumption "The shipping company's decision to call at the Port...

Ocean Network Express (ONE) is pleased to announce the Latin-East-Coast Europe Express (LUX), a new weekly service connecting Europe and the Mediterranean to the East Coast of South America, providing ONE’s valued customers with greater coverage, connectivity, and flexibility. The LUX represents ONE’s first dedicated service connecting Europe and the Mediterranean to the East Coast of South America. Northbound transit time The service is designed to provide a competitive northbou...

The signatories of the joint statement – Aspen Shipping Decarbonization Initiative, DHL Global Forwarding, Hapag Lloyd, Kuehne + Nagel, NORDEN, Oldendorff Carriers, ONE, Torvald Klaveness, and Yara Clean Ammonia represent key parts of the value chain for decarbonised shipping. The companies belong to the Getting to Zero coalition, which has been exploring book and claim chain of custody approaches as part of its mission to fully decarbonise the shipping indus...

Xeneta has taken the first step in a campaign to identify the carrier industry’s best and worst environmental performers across the world’s 13 major shipping trades. With the help of the Carbon Emissions Index (CEI), a unique tool from Xeneta and Marine Benchmark, carriers have been assessed on the main Far East to South America East Coast container corridor. The analysis makes uncomfortable reading for industry giant - Evergreen. Proof of performance In an age of ever-greater env...

Top decision-makers, thought pioneers, and experts from across the maritime spectrum came together to make sense of the rapidly changing world and to identify ways in which they can take action to create a sustainable future. Need for collaboration Jan Dieleman, Chair, of Global Maritime Forum and President, of Cargill Ocean Transportation stressed the need for collaboration to tackle increasingly complex and interdependent issues. “The challenges facing the industry in the years t...

Pacific International Lines (PIL) is pleased to announce the launch of two weekly direct services which is an enhancement to its China to East Africa service. This will allow its customers to enjoy stable and faster transit times to East Africa. The enhancement will see the current East Africa Service (EAS), which PIL operates independently, expanding into two service routes - with one serving Mombasa, called EAS, and the other serving Dar es Salaam, to be named as EA3. New EAS and EA3 ser...

  Hapag-Lloyd and Singapore-based Ocean Network Express (ONE) Pte. Ltd. announced they have completed integration onto the TradeLens platform, helping ensure a more timely and consistent view of logistics data for their containerised freight around the world. TradeLens is a neutral, third-party platform launched by IBM and A.P. Moller - Maersk to help modernise the world’s supply chain ecosystems and is run on IBM Cloud and IBM Blockchain. Benefitting from TradeLens Profit from...

Ocean Network Express (ONE) announces that the company has entered into a partnership with Rutgers Business School (RBS) in June 2021. Being the first of its kind in ONE's global partner network, this partnership will enable ONE to gain direct outreach to RBS' academic resources while striving to reduce its carbon footprint. Project opportunities ONE will present business project opportunities to RBS students. These projects will allow Rutgers students to examine trends in maritime decarbonis...

Ocean Network Express (ONE) continues to expand its current refrigerated container (reefer) fleet by adding another 27,500 new units (including 850 units equipped with advanced Controlled Atmosphere (CA) technology) to meet the growing demand for refrigerated cargo around the world. This new investment comes on the heels of 5000 units (all 40’HC) invested by ONE in early 2020, which demonstrates its strong commitment to meet the demand for containerized reefer trade. Working towards carg...

Ocean Network Express (ONE) announces the successful completion of a second trial of sustainable marine biofuel onboard the M/V MOL Experience. The specifications of the second trial were different from the first trial, with the mixing ratio three times higher in biofuel content, taking ONE another step closer to reducing its carbon footprint. Bunkering and testing M/V MOL Experience was refueled with marine biofuel during bunkering at the Port of Rotterdam, the Netherlands on 7th March 2021....

Foundation Det Norske Veritas – which owns DNV Group – has teamed up with the Maritime and Port Authority of Singapore (MPA) and five other industry leaders to establish a maritime decarbonisation centre in Singapore. The centre’s stated mission is to catalyse and facilitate decarbonisation in the maritime sector and will be supported by contributions from the founding members totalling S$120 million. Its creation follows the release of a recommendation by the International Ad...

Ocean Network Express (ONE) unveils 2 new operating services, the China Thailand Philippines (CTP) and the China Indonesia Malaysia 2 (CIM2) further enhancing their Intra Asia network. CTP service The new CTP service an exciting transformation of the Thailand - Vietnam - Philippines (TPV) service is jointly operated by ONE and Regional Container Lines (RCL). The revamped service will provide one of the most competitive transit times in the market It is extended to include China and Korea por...

Ocean Network Express (ONE) unveils a new addition to its extensive service network connecting Asia and East Africa. The new EAF service will complement the existing Asia-East Africa services (EA1/EA2), and provide a direct service to Kenya and Tanzania, giving customers additional service options and greater flexibility in this growing market. The EAF service starts from the sailing arriving at Shanghai on 31st March 2021. The EAF service rotation is as follows: Shanghai – Ningbo &ndash...

Ocean Network Express (ONE) announces the successful trial use of biofuel to power the M/V MOL Experience. The trial was completed on 7th February 2021, following bunkering at the port of Rotterdam, the Netherlands in November 2020and was performed in collaboration with shipowner Mitsui O.S.K. Lines and leading sustainable biofuel pioneer GoodFuels. Viability of sustainable fuels Viability of sustainable biofuels will help ONE to meet its carbon reduction targets in 2030 and 2050 During this...

In addition to the network adjustments, the members of THE Alliance will also revise their Transatlantic Network for 2021 to offer customers a more stable network to cater to the growing market demand. The setup of THE Alliance’s network has been evaluated and reconfigured to offer a more focused product with further improved reliability while keeping the existing wide range of port coverages. Restructuring of the Transatlantic services’ set up will commence from Q2 of 2021. Rotati...

The members of the Alliance, Hapag-Lloyd, Ocean Network Express, and Yang Ming welcomes Hyundai Merchant Marine as a new core member of THE Alliance. With the FMC acceptance of HMM membership, the Alliance offers an attractive upgraded product package and it will be launched around April 1st, 2020. Based on the existing comprehensive network of the Alliance, the newly enhanced product package will offer increasing frequency particularly from South East Asia, as well as new direct port coverage...

In response to the COVID-19 pandemic, the members of the Alliance have continuously been adapting their resources to match the moving demand of the global shipping market. The details on the January 2021 updates are as follows: Asia and North Europe FP1, FP2. FE2, FE3 will maintain weekly sailings in January. The Alliance will continue the FE4 Extra Loader Program in January. Participation in the Extra Loader Program will be separately advised by respective Lines. Asia and the Mediterranean...

Ocean Network Express is to enhance weekly services between the Middle East, Indian Subcontinent, and Europe effective from January 2021 to deliver a more efficient and comprehensive service network. IOS – Indian Ocean Service Jebel Ali – Karachi – Nhava Sheva – Hazira – Mundra – Jeddah WB – Tangier – Rotterdam – Hamburg – London – Antwerp – Tangier – Jeddah – Jebel Ali Operated by Hapag Lloyd and Ocean Netw...

Ocean Network Express (ONE) is to launch a new weekly Europe - West Africa Service (EWX) to deliver a more efficient and comprehensive service network. The first voyage will commence in February 2021. The port rotation is as follows: Hamburg – Rotterdam – Antwerp – Le Havre – Algeciras – Tangier – Dakar – Tema – Abidjan – Hamburg. Transit services As a dedicated service between Europe and West Africa, EWX will offer competitive transit tim...

Ocean Network Express (ONE) announces a new service connecting Japan and China to Ho Chi Minh City, Vietnam. The new Japan - China - Vietnam (JCV) service has been developed to further enhance ONE’s Inter Asia Network. It will be the first direct service from Shanghai to Ho Chi Minh and will increase the frequency of sailings between Japanese ports and Vietnam. The first sailing will commence from Tokyo on the 15th of October 2020. New JCV service Japan-China – Vietnam (JCV) rota...

Ocean Network Express (ONE) announces a new shuttle service connecting two Far East Russian ports, Vladivostok and Vostochny to Pusan, South Korea. The new Korea Russia Express (KRX) service has been developed to strengthen the connection between Russia and Asia, enhancing connectivity from Russia to the rest of the world, through ONE’s global network. The first sailing will commence from Pusan on the 14th of September 2020. KRX rotation Korea Russia Express (KRX) rotation is as follow...

Ocean Network Express (ONE) initiates Marine Safety and Quality Campaign 2020, in order to reiterate the marine navigation safety practices. VQS inspections ONE has launched a new self-inspection challenge for vessels, replacing their previous (VQS) inspections As a charterer, Ocean Network Express has carried out onboard Vessel Quality Standard (VQS) inspections, since the start of its operations, in April 2018. In line with their core values, these inspections have enabled ONE to offer a re...

Ocean Network Express (ONE) is pleased to announce two new direct sailing services, connecting China and South East Asia. Following the previously announced CID, connecting China and Indonesia, ONE will further expand the China – South East Asia network by introducing China Thailand Service (CTS) and the revamped Thailand Philippines Service (TP2). Improving transit times The direct sailings will improve transit times and strengthen ONE’s robust portfolio in Asia The services wil...