Ocean Network Express News

Ocean Network Express (ONE) has launched a reduced emissions shipping service ONE LEAF+ which offers customers the opportunity to proactively manage their own emissions and minimize environmental impact across the value chain.ONE LEAF+ offers:• Reduced Carbon Footprint: ONE will deploy regulation-compliant alternative fuels on designated vessels, allowing customers to reduce Scope 3 GHG emissions on their shipments with ONE.• Added Transparency: With ONE LEAF+, customers will…

Ocean Network Express (ONE) has announced its Transpacific service starting from February 2025 which will deploy 16 core weekly services.“The emphasis will be on quality end-to-end direct services with high schedule reliability.

Ocean Network Express (ONE) has opened a West Asia Regional Headquarters in Dubai. The move aims to expand ONE's growth in the rapidly developing markets of the Indian Subcontinent, Middle East and East Africa.The West Asia Regional Headquarters office will serve as ONE’s central hub across the region, encompassing functions such as commercial activities, customer service, and digitization. It will also house a team dedicated to developing regional trade partnerships and exploring…

Ocean Network Express (ONE) has launched a new route connecting Asia and the US West Coast: Asia Pacific 1 (AP1) as a result of sustained growth of US import volumes from Asia to the US.The AP1 service introduces direct routes from Taipei and Shekou to the U.S. West Coast. The return leg of this service boasts a rapid transit from the U.S. West Coast back to Vietnam, with an expected transit time of 19 days to Haiphong and 22 days to Cai Mep.Subject to applicable regulatory clearance…

Ocean Network Express (ONE) has launched the world’s first dual-temperature refrigerated container equipped with controlled atmosphere functionality in collaboration with Pan Pacific International Holdings (PPIH) and NAX Japan.It is the world's first use of marine transportation of the dual-temperature refrigerated container equipped with controlled atmosphere functions that will transport various types of perishable goods and fruits from Japan to overseas stores of Don Quijote…

Japanese container shipping company Ocean Network Express (ONE) has secured the Approval in Principle (AiP) for an ammonia dual-fueled vessel.The newly AiP-awarded 3,500 TEU vessel was jointly developed by ONE, Nihon Shipyard (NSY) and classification society DNV, as part of a joint development project established in late 2022 among the three parties.Along with recent investment in 12 methanol dual-fueled vessels, the award marks another milestone for ONE on its journey towards…

Japanese shipping company Ocean Network Express (ONE) has signed shipbuilding contracts with Jiangnan Shipyard and Yangzijiang Shipbuilding for the construction of 12 13,000 TEU methanol dual-fuel containerships.Each shipyard will build six vessels and are all scheduled to be delivered from 2027. The order represents ONE’s inaugural fleet of methanol-dual fuel vessels and plays a key role in reaching ONE’s sustainable goals as part of its green strategy."Our decision to invest in methanol-dual fuel vessels aligns with ONE's Green Strategy as part of our key initiatives.

Ocean Network Express (ONE) has launched a wind-assist propulsion trial in partnership with Dutch maritime wind-powered technology company Econowind.The companies are set to install two containerized wind-assist devices, known as VentoFoil containers, on the MV Kalamazoo. The 1,036 TEU feeder vessel operates between Pusan, Yokohama, and Honolulu, and is owned by NORSE UK and operated by Goodwood Ship Management, Singapore.The VentoFoils, which resemble airplane wings, are designed to harness wind energy, resulting in a significant reduction in fuel consumption and greenhouse gas emissions.

The Xeneta Summit has heard the ocean freight shipping industry will find new ways of working together in the face of a volatile market.Stanley Smulders, Director of Marketing & Commercial at Ocean Network Express (ONE), took part in a keynote Q&A with Xeneta CEO Patrik Berglund during the Summit in Amsterdam this week to discuss the major challenges facing the industry.While there are rough seas ahead, Smulders maintains growth is still on the horizon.He said: “The current market is at best volatile…

Singapore's Maritime and Port Authority (MPA) will launch a digital bunkering initiative on Nov. 1, making the city-state the first port in the world to use electronic bunker fuel delivery notes, the MPA said on Monday.The digital notes will replace physical documents containing information on fuel oil deliveries. Under the initiative, fuel suppliers, ship owners, operators, and crew will be encouraged to use mobile and cloud-based applications approved by the MPA to complete and issue bunkering documents.

The Maritime and Port Authority of Singapore (MPA), the Port of Rotterdam Authority 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.The Green & Digital Shipping Corridor was established in August 2022 to bring together partners across the supply chain to realise zero and near-zero emissions shipping on the Rotterdam-Singapore route, with the ultimate aim to reach net-zero emissions in 2050.

The Port of Los Angeles has recognized the achievements of more than two dozen shipping lines and carriers for participating in the Port’s Vessel Speed Reduction Program (VSRP), an air quality and annual incentive program for vessel operators who reduce their speed as they approach or depart the port.The voluntary program is one of many sustainability efforts currently underway at the Port to reduce emissions and decarbonize operations.Emission reductions are achieved under the…

The Global Centre for Maritime Decarbonisation (GCMD) and Nippon Yusen Kabushiki Kaisha (NYK) have announced the signing of a five-year Strategic Partnership agreement.The partnership boosts the center's efforts to conduct pilots and trials of low-carbon solutions for the global shipping industry.Japan is one of the top three shipowning countries in the world, and Japanese merchant vessels account for around 11% of world tonnage. Numbers from Clarksons Green Transition Team further indicate that Japan leads other nations in alternative-fuel-ready vessel orders…

Ocean Network Express (ONE) has taken delivery of its first 24,000-TEU container ship, ONE Innovation.The first of six Megamax class vessels, the 400-meter ONE Innovation was delivered by Japan Marine United Corporation’s Kure Shipyard.The vessel has a capacity of up to 24,136 TEU and will help bring economies of scale, says ONE. It features significantly lower carbon emissions through its hull design that aims to maximize cargo intake and minimize fuel consumption. The vessel…

Singapore-based Ocean Network Express (ONE) has decided to install two containerized wind assist units on one of their operated container feeder ships before the end of 2023.The 143-meter, 1036 TEU capacity Kalamazoo is owned by Singapore-based Norse and the wind assist systems will be supplied by the Netherlands-based company, Econowind.The two containerized units will be equipped with the latest wing design from Econowind, the VentoFoil. These have smart suction systems in order to control the airflow around the wing-shaped element ensuring maximal trust per surface area.

Japanese shipping company Ocean Network Express Pte. Ltd (ONE) on Wednesday announced it has ordered 10 new 13,700 TEU vessels for delivery in 2025 and 2026, adding more tonnage to the industry's crowded containership orderbook.ONE, which is jointly owned by the Japanese shipping lines Nippon Yusen Kaisha (NYK), Mitsui O.S.K. Lines (MOL), and Kawasaki Kisen Kaisha ("K" Line), did not reveal financial details or where the vessels will be constructed.The 10 new vessels will be ready for methanol and ammonia fuel and equipped with a bow cover and other energy saving technologies, ONE said.

Global shipping companies are exploring ways to boost safety in transporting cargoes as risks grow from fires erupting inside containers or in cars at sea, officials said on Wednesday.Shipping transports around 90% of world trade onboard different vessels including container and Ro-Ro ships with trade routes getting busier.In a new initiative, leading carriers Evergreen Line of Taiwan, South Korea's HMM, Denmark's Maersk, Germany's Offen Group, Singapore's ONE (Ocean Network Express)…

Prices in the most volatile segment of ocean shipping are collapsing, but top retailers like Walmart and Home Depot should not expect relief until the spring contract renegotiation season, industry experts said.Spot rates, which cover anywhere from 10% to 40% of ocean container shipments and are considered a key indicator of the industry's health, are in free fall as recession looms and the pandemic-fueled U.S. import bubble deflates.The cost to send a container from Asia to the United States on the demand-sensitive spot market has tumbled more than 80% from its September peak above $20…

Japanese container shipping company Ocean Network Express (ONE) announced it has acquired controlling stakes in three California container terminals amid a push by many of the world's largest global shipping lines to expand their presence in the port infrastructure component of the logistics chain.ONE, which is jointly owned by the Japanese shipping lines Nippon Yusen Kabushiki Kaisha (NYL), Mitsui O.S.K. Lines (MOL) and K Line, said it signed definitive agreements to acquire a 51% stake in each of TraPac and Yusen Terminals (YTI)…

Asset manager Atlas Corp said on Thursday it received a takeover offer from consortium group Poseidon Acquisition Corp in an all-cash deal for $3.64 billion.Poseidon, which comprises Atlas' board chairman David Sokol, affiliates of Canadian investment company Fairfax Financial Holdings Ltd, the Washington Family, and Japanese shipping company Ocean Network Express Pte Ltd, has made an offer to the asset manager for $14.45 cash per common share.The offer represents a 24.9% premium to Atlas' closing price of $11.57 on Thursday at the New York Stock Exchange, as per Refinitiv data.The board will

The Maritime and Port Authority of Singapore (MPA) and the Port of Rotterdam Authority have signed a memorandum of understanding (MoU) to establish the world’s longest Green and Digital Corridor to enable low and zero carbon shipping.Signed by Quah Ley Hoon, Chief Executive of MPA, and Allard Castelein, CEO of the Port of Rotterdam Authority at the Marina Bay Sands Convention Centre on the sidelines of the biennial World Cities Summit, the MoU will bring together stakeholders across the supply chain to realize the first sustainable vessels sailing on the route by 2027.

Nippon Yusen Kabushiki Kaisha has upgraded its financial outlook for the fiscal year ending March 2023, projecting higher revenue and operating profits across the board in light of changing market conditions across multiple sectors it serves, inculding containershipping and bulk carriers. In a statemetn the company said:"The forecast at the beginning of the current fiscal year assumed a decline in demand related to general consumer goods considering lockdowns in China, the turmoil of the situation in Russia and Ukraine, and the acceleration of global inflation.

Shipping group Maersk will temporarily halt all container shipping to and from Russia in response to Western sanctions on Moscow following its invasion of Ukraine, the company said on Tuesday.The move follows similar decisions by Singapore-headquartered Ocean Network Express (ONE), Germany's Hapag Lloyd HLAG.DE and Swiss-based shipping group MSC.The suspension, covering all Russian ports, would not include foodstuffs, medical and humanitarian supplies, Maersk said."As the stability and safety of our operations is already being directly and indirectly impacted by sanctions…