Ocean Network Express

VIDEO: ONE vessel bumps Maersk boxship in Hong Kong

A Saturday night harbor incident saw an unplanned meeting between rival container ships.

The 14,026-TEU ONE Columba allided with the 9,640-TEU Clifford Maersk on Saturday night in Hong Kong.

Video posted to social media showed several containers falling from the Maersk vessel into the water.

اصطدمت السفينة One_Columba بالسفينة Clifford_Maersk المتواجدة على الرصيف في هونغ كونغ مما تسبب بسقوط ثلاث حاويات في البحر وأضرار مادية طفيفة#ship #containers #collision #hongkong #port #maersk #one #shipping

https://www.freightwaves.com/news/video-one-vessel-bumps-maersk-boxship-in-hong-kong

ONE, LX Pantos in Boxlinks venture for US domestic intermodal

Liner operator Ocean Network Express (ONE) and South Korean forwarder LX Pantos announced a joint venture, Boxlinks, a new player offering end-to-end U.S. domestic intermodal transportation services. 

The joint venture will manage ONE’s inland-to-coastal domestic transport needs through a Domestic Reposition Program (DRP). 

“By leveraging empty containers for intermodal operations, Boxlinks aims to create new revenue streams while improving operational efficiency,” LX Pantos said in a release....

https://www.freightwaves.com/news/one-lx-pantos-in-boxlinks-venture-for-us-domestic-intermodal

ONE container alliance swings to profit in Q3

The unsettled state of ocean shipping continued to be a moneymaker for liner operators in late 2024.

Three-carrier alliance Ocean Network Express (ONE) said net profit in the 2024 October-to-December fiscal third quarter was $1.16 billion, up from a loss of $83 million in the year-ago quarter, on revenue higher at $4.85 billion from $3.36 billion.

The Singapore-based alliance of K-Line, MOL and NYK in an earnings release said results benefited from stable freight flows on the Asia-North America...

https://www.freightwaves.com/news/one-container-alliance-swings-to-profit-in-q3

What shippers should know about ocean carrier alliance changes in 2025

Timing is everything, but as international ocean container lines ready the February launch of reorganized alliances and vessel-sharing agreements, a miasma of global events is sure to put pressure on carefully crafted business plans.

The reshuffle is headlined by a pair of notable carrier groupings.

The Premier Alliance of ONE, Yang Ming and HMM is the newly named version of the former THE Alliance, which Hapag-Lloyd departed to partner with Maersk. 

ONE (Ocean Network Express) was formed in 2016...

https://www.freightwaves.com/news/what-shippers-should-know-about-ocean-carrier-alliance-changes-in-2025

Jaxport adding more global container services in 2025

A host of ocean container lines are adding the Port of Jacksonville, Florida, to their services in 2025.

The new calls come as Maersk and Mediterranean Shipping Co. (MSC) dissolve their 2M Alliance vessel-sharing agreement as of January.

Jaxport said in a release that three primary changes are taking place beginning in February 2025.

The Gemini Cooperation alliance between Maersk and Hapag-Lloyd will now call Jaxport as part of a new, direct service that also calls Cartagena, Colombia. Gemini will...

https://www.freightwaves.com/news/jaxport-adding-more-global-container-services-in-2025

FMC ruling stalls launch of box ship Premier Alliance

The Federal Maritime Commission (FMC) on Friday issued a ruling that put on hold plans by containership operators Ocean Network Express (ONE), HMM and Yang Ming to launch the Premier Alliance this week. The FMC announced its decision the same day that ONE released details of the first sailings of the new network. The three Asian Lines drew up their plans for the Premier Alliance following the departure of Hapag-Lloyd from its predecessor THE Alliance to join Maersk in the Gemini Alliance.

The...

https://www.marinelog.com/legal/shipping/fmc-ruling-stalls-launch-of-box-ship-premier-alliance/

Demand, disruptions supercharge ONE results in Q2

Profits and revenue rocketed for Ocean Network Express (ONE) in the fiscal second quarter on steady consumer demand, geopolitical disruptions and an early eastbound trans-Pacific peak shipping season.

The Singapore-based alliance of liner operators said earnings before interest and taxes in the quarter ended Sept. 30 was $1.9 billion and earnings before interest, taxes, depreciation and amortization was $2.4 billion, up from $31 million and $436 million, respectively, from the second quarter in...

https://www.freightwaves.com/news/demand-disruptions-supercharge-one-results-in-q2

ONE Q2 earnings: First look

Ocean Network Express (ONE) said revenue was $5.9 billion for the fiscal second quarter, up 65% from the same quarter a year ago. Net profit was $2 billion, up from $1.8 billion year on year.

The Singapore-based carrier alliance in an earnings statement said Asia-North America and Asia-Europe trades experienced strong demand in the quarter ended Sept. 30, driven by consistent consumer activity and an early peak season in July and August. Early shipments in the North America trade came amid...

https://www.freightwaves.com/news/one-q2-earnings-first-look

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