The April 1 launch of new carrier Ocean Network Express is experiencing booking delays in some jurisdictions as cargo from three carriers migrates to the new network.
THE Alliance
Shipping news, analysis, and business intelligence on THE Alliance of Ocean Network Express, Hapag-Lloyd, and Yang Ming Line.
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May 17, 2018 2:00PM EDT
27 Dec 2017
This is the second time in nine months congestion has affected operations at Shanghai ports.
08 Dec 2017
The capital injection from 257.7 million new common stock shares, at 10.18 New Taiwan dollar per share (about $0.34) is the third stage in the company’s recapitalization effort.
30 Nov 2017
Six months after the merger process started, UASC was integrated with German carrier Hapag-Lloyd.
28 Nov 2017
Independent container lines increased their combined market share as well as their total volume of imports in the third quarter.
27 Nov 2017
The cash infusion surpassed the company’s initial goal of raising $165 million.
15 Nov 2017
Yang Ming and HMM have said it is too early to confirm whether mega-ships will be included on their order books.
09 Nov 2017
Yang Ming reports a third-quarter profit on higher volume and freight rates, after 10 loss-making quarters.
31 Oct 2017
The improved performance came amid preparations by the three companies to merge and operate as a single company.
17 Oct 2017
The landside ability of the supply chain to handle volume generated by mega-ships must improve before carriers can achieve the lower unit costs their deployment promises.
17 Oct 2017
Debt levels will be targeted by German carrier Hapag-Lloyd's capital increase that was successfully completed on Oct. 16.
16 Oct 2017
Ocean Network Express CEO and 2017 TPM Asia Panelist Jeremy Nixon provides JOC.com with an exclusive update on the progress of merging Japan's Big Three container lines.
14 Sep 2017
US maritime regulators on Thursday voted to allow ocean carrier members of THE Alliance to form an emergency fund.
12 Sep 2017
Shippers are seeing little improvement in service levels from the new container shipping alliances.
12 Sep 2017
The five largest carriers in the US import and export trades continue to tighten their grip on the container shipping market.
05 Sep 2017
The significant number of mega-ships set to enter Asia-North Europe by the end of 2018 has resulted in capacity upgrates on many services on the trade.
29 Aug 2017
Carriers have announced blanked sailings in the weeks that cover China's October holidays with demand expected to fall off.
29 Aug 2017
Transport volume grew by 14 percent to 4.22 million TEU.
11 Aug 2017
Debt-stricken carriers Yang Ming and HMM have used government support and the improving market conditions to raise revenue, cut costs, and pare down debts.
31 Jul 2017
The most reliable carrier in the quarter was Wan Hai.
31 Jul 2017
The positive earnings statements come less than a month after the three established Ocean Network Express.
26 Jul 2017
Carriers large and small battle for market share and profits in the Pacific.
10 Jul 2017
NYK's head of container shipping Jeremy Nixon will lead the new Japanese carrier ONE.
07 Jul 2017
Japan's three major carriers have officially formed the One Network Express in Tokyo.
06 Jul 2017
“We see lots of changes in terms of networks and ports of call and there is some impact on rates.”
05 Jul 2017
The notes will be listed on the Luxembourg Stock Exchange.
03 Jul 2017
Japan's three major carriers say the new joint venture liner shipping company is ready to be established.
28 Jun 2017
Hapag-Lloyd has been taken off Standard & Poor’s CreditWatch.
22 Jun 2017
The Taiwanese carrier announced the recapitalization plan in late 2016.
22 Jun 2017
The decision comes just days before the new joint venture Ocean Network Express was expected to be formed.
16 Jun 2017
Maersk Line and Hapag-Lloyd will post sharply higher earnings this year.
09 Jun 2017
US lawmakers have introduced legislation that would expand the powers and the purse strings of the FMC to “oversee and intervene” on behalf of port service providers.
05 Jun 2017
German carrier Hapag-Lloyd has become the second liner operator this month to impose a booking cancellation fee after CMA CGM.
31 May 2017
The name of the joint venture container line that will be formed from the merger of Japan's three main carriers has been announced.
30 May 2017
The shareholders also approved the expansion of the company’s supervisory board.
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