"K" Line

Established in 2017, Ocean Network Express (ONE) is a joint venture of the container line operations of three Japanese carriers: Kawasaki Kisen Kaisha, Ltd., known as 'K' Line; Mitsui O.S.K. Lines, Ltd., known as MOL; and NYK Line, or Nippon Yusen Kabushiki Kaisha (NYK).

ONE’s combined fleet size initially totaled 1,550,000 TEU, ranking it the sixth-largest fleet in the world. ONE’s operations involve a fleet of over 250 vessels, including more than thirty super-large ships, such as 20,000 TEU container-ships. Covering over 100 countries around the world, ONE’s liner network links Asia with both coasts of North America; Europe with Asia; Europe with North America; West and Southeast Asia with China; and East Asia with Latin America. Although ONE’s holding company is located in Japan, its operational management is in headquartered in Singapore.

The ONE fleet has become one of the largest carriers of both containerized imports from Asia to the United States, and containerized exports from the US to Asia.

31 Oct 2019
Despite reporting a profitable second quarter, the Japanese container carrier has reduced its full-year earnings forecast by nearly one-third, citing concerns over a worsening global economic environment and an expected increase in bunker costs.
NYK Line vessel
03 Feb 2014
Japanese carriers NYK Line, MOL and “K” Line posted combined losses of more than 14.5 billion Japanese yen (about US$144.4 million) in the first three quarters of fiscal year 2013...
Container ship
31 Jan 2014
Container ships arrived at their destination ports across the globe on time 73.7 percent of the time in December 2013...
29 Jan 2014
Member carriers in the Transpacific Stabilization Agreement plan to increase Asia-U.S. rates by $300 per FEU, effective March 15...
Port of Hong Kong
28 Jan 2014
Jefferies expects Asian container lines’ earnings for the fourth quarter of 2013 overall will be in line with or below Bloomberg consensus estimates, as freight rates in Asia-related trade lanes continued to slide and overcapacity remained.
09 Jan 2014
The Japan Fair Trade Commission (JFTC) has decided to impose fines on some shipping firms for allegedly violating the antitrust law in transporting automobiles.
“K” Line’s President and CEO Jiro Asakura delivering his New Year message.
09 Jan 2014
“K” Line has plans to shift its focus from “protective” policies to an “offensive” approach, according to the head of the Japanese shipping company.
Container ship
31 Dec 2013
Seventeen of the Top 20 container carriers worldwide are expecting deliveries of new ships in the next 12 months, which could make 2014 a record-breaking year for capacity...
Yangon, Myanmar
03 Dec 2013
“K” Line will open an office in Yangon, Myanmar, in January 2014.
Empty containers
25 Nov 2013
The largest ocean carriers sharply increased their market share at the expense of their smaller rivals in the third quarter, according to Drewry Maritime Research.
Container stack
21 Nov 2013
Container shipping lines operating from Asia to the U.S. intend to restore baseline freight rates for late holiday season shipments in December and the pre-Lunar New Year period in January.
31 Oct 2013
“K” Line saw group revenue and profit improve in the six months ended September 30, despite the poor performance of its container business.
Shipping containers in port with crane
16 Oct 2013
Container shipping lines in the Transpacific Stabilization Agreement Westbound section are attempting to set...
Stack of a "K" Line ship.
03 Sep 2013
“K” Line and two shipbuilding companies, Shin Kurushima Dockyard and Japan Marine United, have reached agreements to build four new car carrier vessels.
"K" Line containers
31 Jul 2013
“K” Line reported its profit in the first quarter of fiscal year 2013, ending June 30, 2013, was 6.9 million Japanese yen (about US$70.8 million), up from a net loss of 674 million yen...
30 Jul 2013
NYK Line, “K” Line, Mitsui O.S.K. Lines and six other maritime car transporters have been accused of fixing prices on carrier services in a lawsuit filed by Manaco International Forwarder, Bloomberg reports.
31 May 2013
The Port of Long Beach this week recognized 20 ocean carriers and shipowners for their efforts to improve air quality by
19 Mar 2013
“K” Line is planning to add new “ultra-large container vessels” to its fleet as replacements for existing ships.
19 Mar 2013
The four member carriers of the CKYH Alliance will res
25 Feb 2013
“K” Line has upgraded its intra-Asia service with improved transit times and better coverage between Japan and the Philippines, Singapore, Malaysia, Indonesia and Hong Kong.
"K" Line (India)'s new triple-decker motorcycle carrier.
07 Feb 2013
“K” Line (India), “K” Line’s subsidiary in India, has launched a new transportation service with a triple-decker motorcycle carrier from the distribution center of a motorcycle manufacturer in the Delhi area to its domestic depot.
31 Jan 2013
Japanese ocean carrier “K” Line reported profit in the nine months ending Dec. 31, 2012, was 9.4 million yen (about US$102.9 million), up from a net loss of $461.5 million during the same period in 2011.
28 Jan 2013
Japanese carrier “K” Line will enhance its intra-Asia service with better transit times between Japan and Thailand.
K Line ship at night
07 Jan 2013
Japanese carrier “K” Line has announced it will report a profit in the third quarter of fiscal year 2013, ending March 31, after some investment securities were re-evaluated and a loss of 14.4 billion yen (about US$163.3 million) was reversed.
12 Dec 2012
Evergreen Line, “K” Line, Dubai-based Simatech Shipping and South Korea’s STX Pan Ocean expanded their joint intra-Asia liner service...
Hanjin Shipping is introducing a new West Australia Express service
11 Dec 2012
Hanjin Shipping is introducing a new West Australia Express service (WAX), effective the middle of January.
Top 10 Idle Container Ship Carriers
16 Nov 2012
Alphaliner calculates the top 10 container ship carriers have 50 idle ships with an aggregate capacity of 259,535 TEUs, with Maersk holding 36.3 percent of the idle capacity at 94,277 TEUs among 14 ships.
06 Nov 2012
The four carrier members of CKYH Alliance will implement a winter service schedule, canceling seven voyages in the current Asia-Mediterranean service from November 2012 through the middle of January 2013.
12 Oct 2012
Maersk Line will scrap one of its Asia-Europe services and suspend a second loop in the face of persistent overcapacity a
13 Jul 2012
The four carrier members of the CKYH alliance announced plans to cut capacity on the routes from Asia to Europe and Asia to the Mediterranean, where overcapacity has been undermining the rate increase
10 Jul 2012
Oscar J. Abello, the former president, CEO and chairman of "K" Line America, died on Sunday, July 8, in Pembroke Pines, Fla., where he had retired.
27 Jun 2012
The Agriculture Transportation Coalition said APL, “K” Line and OOCL shared the top ranking in the organization’s seventh annual carrier performance survey.
09 May 2012
The CKYH alliance will restructure five of its current all-water services from Asia to the U.S. East Coast this month.
27 Apr 2012
“K” Line swung to a loss of $503 million for the fiscal year ended March 31, a big drop from its profit of $380 million a year earlier, as it posted a heavy loss in its container business.
11 Apr 2012
"K" Line will upgrade its services linking Asia and Mexico and the west coast of South America ov
09 May 2011
Japan’s three largest ocean carriers expect lower profits this year because of higher fuel prices, uncertain bulk and car carrier markets, and the impact of the March 11 earthquake and tsunami.