Video: ONE Launches First Container Ship- ONE MINATO

April 06, 2018

Ocean Network Express Pte. Ltd. (hereinafter referred to as “ONE”) is pleased to announce the commencement of container shipping businesses on Apr 1, 2018. ONE is the result of an integration of the container operations of three Japanese shipping carriers, namely, Kawasaki Kisen Kaisha, Ltd ("K" Line), Mitsui O.S.K. Lines, Ltd (MOL), and Nippon Yusen Kabushiki Kaisha (NYK). The company seeks to meet customers’ needs by providing high-quality, competitive container shipping services with the consolidation and enhancement of the three companies’ global network and service structures.…See Details...

ONE’s Five Senior Executives in Regions

April 06, 2018

Ocean Network Express Pte. Ltd. (“ONE”) is pleased to announce that five senior executives in regions, including East Asia, South Asia, Europe and Africa, North America and Latin America are ready to drive their designated regions forward, build on its potential and realize its intrinsic value in order to precisely meet customers’ needs and strengthen the ONE brand in regional markets. …See Details...

Hamburg Süd Teams up to Cut Port Emissions

April 05, 2018

German carrier Hamburg Süd and Swedish home appliance company Electrolux are teaming up to reduce sulfur dioxide emissions in ports. Hamburg Süd and its Swedish customer Electrolux are teaming up to reduce sulfur dioxide emissions in ports. During its layovers in Manzanillo (Mexico), Callao (Peru), Iquique and Puerto Angamos (Chile) between March 11th and 24th, the "Santa Catarina" (7,114 TEU) voluntarily used cleaner marine gas oil (MGO) instead of standard heavy fuel oil (HFO) to operate its auxiliary engines and boilers. Both of these must be running in port to supply the ship with electricity and heat. Hamburg Süd and Electrolux already carried out a fuel upgrade in the past, thereby making a contribution to environmental and health protection. Due to the significantly lower sulfur content of MGO, the sulfur dioxide emissions for the Electrolux cargo in question will decrease by over 95 percent. The project is being financed by both companies. While Electrolux is bearing the additional costs for the MGO, Hamburg Süd is assuming the extra operative expenses related to planning and switching fuels.…See Details...

APL Introduces China Bangkok Express Service

April 04, 2018

​APL today announced the launch of the China Bangkok Express (CBX) service, a new shortsea service that directly links South China and Thailand each week. Characterised by competitive transit times, the CBX service promises the industry’s fastest connection from Nansha to Bangkok in four days. Also designed to transport special cargo, this service offers reefer and breakbulk solutions to facilitate these shipments.…See Details...

Yang Ming Returns to Profitability in 2017

April 04, 2018

​Yang Ming Marine Transport Corporation (Yang Ming) held its 329th Board Meeting on 26th March to approve its 2017 annual financial report. The consolidated revenues of 2017 totaled NTD 131.08 billion (USD 4.4 billion), up 13.59% compared with NTD 115.4 billion (USD 3.88 billion) in revenue from previous year. The company’s net profit, after tax, was NTD 0.32 billion (USD 10.78 million), EPS NTD 0.17. Volumes in 2017 also increased to 4,722 thousand TEUs, up 9 % year over year. Moving into the black, Yang Ming’s annual revenue and profit for 2017 saw significant improvement.…See Details...

COSCO Shipping’s Takeover Of OOCL To Complete By End-June: Vice Chairman

April 04, 2018

COSCO Shipping’s planned acquisition of Orient Overseas Container Line (OOCL) is on track to be completed by the end of June, the company’s vice chairman Huang Xiaowen said on Tuesday. COSCO is still answering questions from the Committee on Foreign Investment in the United States on the deal, and is also awaiting a number of domestic approvals, Huang told a press conference in Shanghai. …See Details...

DKB Intensively Builds Synergy for State Shipbuilder Reputation

April 04, 2018

One of Indonesia’s leading state owned shipbuilder, PT. Dok dan Perkapalan Kodja Bahari (DKB), is intensively building synergy with other stakeholders in a bid to build up its reputation, socialize its role in the country’s maritime sector, build up competitiveness, and to support its internal performance improvement. Relating to the mission and target, recently, on March 28, PT. DKB President Director Wahyu Suparyono became a speaker at Army Staff Command School (Seskoad), briefing as many as 267 Army’s middle officer (lieutenant colonel and colonel) on its mission and target. …See Details...

Fire Off Balikpapan Kills Two Fishermen

April 04, 2018

On Saturday, a fire broke out near the bulker Ever Judger at Balikpapan Bay, Indonesia. Two individuals - believed to be fishermen - were killed, and one of the Judger's crewmembers suffered burn injuries. All 20 members of the Judger's crew were successfully evacuated. Indonesian authorities reported that the fire broke out during a burn-off operation intended to clean up a fuel oil spill. The fire has since been extinguished, but remnants of the spill remain. The source of the oil has not been determined. …See Details...

Investment in ONE Container Shipping Alliance Complete

April 03, 2018

​The Japanese container shipping alliance Ocean Network Express (ONE) commenced operation on April 1, and the alliance members have now completed their investment payments The total investment made by Kawasaki Kisen Kaisha (K Line), Mitsui O.S.K. Lines (MOL) and Nippon Yusen Kabushiki Kaisha (NYK) was $3 billion with K Line contributing 31 percent, MOL contributing 31 percent and NYK contributing 38 percent.…See Details...

Notice of Business Commencement of Ocean Network Express

April 03, 2018

Ocean Network Express Pte. Ltd. (hereinafter referred to as “ONE”) is pleased to announce the commencement of container shipping businesses on Apr 1, 2018. ONE is the result of an integration of the container operations of three Japanese shipping carriers, namely, Kawasaki Kisen Kaisha, Ltd ("K" Line), Mitsui O.S.K. Lines, Ltd (MOL), and Nippon Yusen Kabushiki Kaisha (NYK). The company seeks to meet customers’ needs by providing high-quality, competitive container shipping services with the consolidation and enhancement of the three companies’ global network and service structures.…See Details...