Japan’s ONE Starts Taking Bookings

Japanese carrier Ocean Network Express (ONE) will start accepting bookings for its container shipping service in stages from February 1, 2018.

The joint venture company of Japan’s shipping trio Kawasaki Kisen Kaisha, Mitsui O.S.K. Lines, and Nippon Yusen Kabushiki Kaisha is scheduled to start its business operations on April 1, 2018.

With the commencement of ONE’s business operations, there will be up to four companies, namely ONE, K Line, MOL, and NYK Line operating on the same service concurrently during the transitional period until three pre-existing lines completely stop operating vessels.

In January 2018, the trio received all necessary merger approvals from local competition authorities for their joint venture company, which integrates the three carriers’ container shipping businesses and terminal operation businesses outside Japan.

Established in July 2017, ONE would operate a fleet totaling 1.4 million TEUs, placing it as sixth in the market with approximately 7 percent of global share.

K Line and MOL will each hold 31 percent, and their compatriot NYK Line will hold the remaining 38 percent stake in the JV.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Oct 2019 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

CruiseConnect Global 2019

Attend CrewConnect Global and stay on for the CruiseConnect Summit to take part in an industry-wide conversation focused…

read more >

CEDA Dredging Days 2019

CEDA Dredging Days programme will follow its successful format of contributed peer-reviewed…

read more >

Offshore Wind Europe 2019

#OWEU19 is a meeting place for governments, developers and suppliers to grow the confidence in wind power. Perfect to grow your business by securing new customers, meeting officials and industry heads.

read more >

6th Mozambique Gas Summit & Exhibit

This year’s edition will have a revamped programme for attendees.

read more >