Ocean Network Express

Ocean Network Express
Public
Industry Transport
Founded 2017
Headquarters Tokyo, Singapore
Number of employees
 TBC
Website Homepage

Ocean Network Express (ONE) is a Japanese global transport company.

The company's main area of operations is international containers shipping, with a fleet size of 1.4 million TEU.[1]

As of today the company results the 6th largest player in the global shipping market.[2]

Formed as a new joint venture (announced in 2016), in between Nippon Yusen Kaisha (38% stakes), Mitsui O.S.K. Lines (31%), K Line (31%), will operate under the name “Ocean Network Express” from 1 April 2018, with holding company office in Tokyo, global headquarter in Singapore and regional headquarters in United Kingdom (London), United States (Richmond, VA), Hong Kong, and Brazil (Sao Paulo).[3]

On Friday 14 July the new appointed CEO – Jeremy Nixon, delivered a presentation[4] to the press in Tokyo, Japan regarding the set-up of the company. The fleet will be composed of 240 container vessels, including 31 extra large container ships (20,000 TEU class), and offices in 90 countries with sales activities planned to start in October 2017. Quoting his words, “ONE does not aspire to be the largest carrier in the market, just large enough to survive and yet small enough to care”.

ONE announcement

References

  1. ↑ http://splash247.com/japans-big-three-lines-christen-new-merged-container-entity-ocean-network-express/
  2. ↑ http://www.logisticsmgmt.com/article/nyk_k_line_mol_team_up_to_form_the_ocean_network_express
  3. ↑ http://www.tradewindsnews.com/offshore/1270826/japans-big-three-reveal-ocean-network-express
  4. ↑ https://vimeo.com/225567325/57b3f75e6c
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