Ocean Network Express (ONE)

HMM, ONE, Yang Ming continue as Premier Alliance, partner with MSC on slot exchange

Following the decision by Hapag-Lloyd and Maersk to exit their current alliances and form a new partnership, the Gemini Cooperation, questions arose regarding the plans of the remaining members of THE Alliance and MSC.

THE Alliance members HMM, Ocean Network Express (ONE), and Yang Ming have announced the continuation of their cooperation under a new name, the Premier Alliance. This partnership will be effective from February 2024 to February 2025.

The Premier Alliance will cover major East-West...

https://container-news.com/hmm-one-yang-ming-continue-as-premier-alliance-partner-with-msc-on-slot-exchange/

Middle East trade surges, leading box lines to launch new services

With Far East-Middle East container volumes seeing double-digit growth year-on-year, several liner operators have added more services to this lane.

Japan’s joint venture Ocean Network Express (ONE) and Taiwanese intra-Asia carrier TS Lines are launching the South China-Middle East Express (SMX) service on 8 November, connecting the southern Chinese ports of Shekou, Da Chan Bay, and Nansha with Jebel Ali and Hamad. TS Lines is assigning a 2,900 TEU ship to SMX, while ONE said it will nominate a...

https://container-news.com/middle-east-trade-surges-leading-box-lines-to-launch-new-services/

ONE introduces new services linking East Asia and Middle East

Ocean Network Express (ONE) announced the launch of its new weekly services—“Gulf Asia Liner Express (GLX),” “Central China Middle East Express (CMX),” and “South China Middle East Express (SMX)”—which will connect East Asia with the Middle East.

These new services will enhance coverage, boost connectivity, and increase frequency to Asia for this expanding trade route, complementing ONE’s existing Asia Gulf Express Services.

The New Service Details will be as follows: Gulf Asia Liner Express (GLX)

https://container-news.com/one-introduces-new-services-linking-east-asia-and-middle-east/

ONE boosts Intra-Europe links with upgraded SBX service

ONE has announced significant enhancements to the firm’s Scandinavian Baltic Express (SBX) service.

In addition to the existing coverage of Gdynia and Frederica, ONE has expanded to include new calling ports in Antwerp, Rotterdam, Rauma, and Gävle. This expansion offers greater flexibility and faster transit times for client’s intra-Europe shipments.

New Port Expansion Highlights:

As for the enhanced flexibility, the inclusion of Antwerp and Rotterdam as main ports provides two convenient options...

https://container-news.com/one-boosts-intra-europe-links-with-upgraded-sbx-service/

ONE opens new office in Morocco

Ocean Network Express (ONE) will launch a new office in Morocco on 1 September, aiming to enhance its presence in the African market.

Ocean Network Express Morocco will be a joint venture between Ocean Network Express Pte. Ltd and Universal Shipping.

The new ONE joint venture will operate from Casablanca and Tangier, offering shipping services and digital solutions to customers in Morocco.

“To ensure a smooth transition, from the 1st of September 2024 onwards, any requests or queries should be...

https://container-news.com/one-opens-new-office-in-morocco/

ONE eyes cleaner fuel delivery in Shanghai

Ocean Network Express (ONE) and Shanghai International Port Group (SIPG) have signed an agreement to jointly promote the development and supply of alternative marine fuels.

ONE and SIPG will jointly explore and develop alternative marine fuels to be supplied to the pan-Japanese operator’s boxships in Shanghai port. ONE said that this not only helps promote the energy transformation and sustainable development of the shipping industry, but also reflects the commitment of both parties in...

https://container-news.com/one-eyes-cleaner-fuel-delivery-in-shanghai/

ONE reports US$4.2 billion revenue in Q1 FY2024

Ocean Network Express (ONE) released its financial results for the first quarter of FY2024, covering April to June 2024.

The revenue for this quarter was US$4.211 billion, representing a 12% increase from the same period last year, with a net profit of US$779 million, an increase of US$266 million year-over-year.

Cargo movements improved due to increased consumer spending in North America and Europe, said ONE in its report. While delivering new vessels initially led to an oversupply in tonnage,...

https://container-news.com/one-reports-us4-2-billion-revenue-in-q1-fy2024/

ONE announces KVT service revamp

Singaporean container carrier Ocean Network Express (ONE) has decided to enhance its KVT (Korea-Vietnam-Thailand) service.

The updated port rotation of ONE’s KVT service will be Incheon (South Korea) – Gwangyang (South Korea) – Pusan (South Korea) – Ho Chi Minh (Vietnam) – Laem Chabang (Thailand, discharge call) – Laem Chabang (Thailand, load call) – Ho Chi Minh.

The updated service will commence on 4 August.

The company said it aims to broaden its southbound coverage with this enhancement. “We...

https://container-news.com/one-announces-kvt-service-revamp/

ONE launches new service connecting Asia with Mexico

Ocean Network Express (ONE) has announced the launch of a new shuttle service, the Asia Latin America Express 4 (ALX4), to meet the growing demand for cargo transport from Asia to Mexico’s West Coast.

The service will commence with the vessel ONE Reputation, expected to arrive in Shanghai on 16 August 2024.

The port rotation for this service will be Shanghai (China) – Busan (South Korea) – Lazaro Cardenas (Mexico) – Shanghai (China).

“This new service will provide customers with a premium loop...

https://container-news.com/one-launches-new-service-connecting-asia-with-mexico/

ONE revamps Korea-China-Straits 2 service

Ocean Network Express (ONE) announced the enhancement of the KCS2 (Korea-China-Straits 2) service.

The effective vessel will be KMTC DALIAN, Voy 2407S, estimated to arrive at Pusan, South Korea, on 4 July.

The updated port rotation will be as follows:

PUSAN, South Korea > INCHEON, South Korea > QINGDAO, China > SHANGHAI, China > SINGAPORE > PORT KLANG, Malaysia > CAT LAI, Vietnam > SHEKOU, China

With this enhancement, ONE has extended its southbound service to include stops at Incheon and Qingdao....

https://container-news.com/one-revamps-korea-china-straits-2-service/

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