Ocean Network Express (ONE)

Ocean Network Express (ONE)



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 TEUs, 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 headquarters are in Singapore.


Over the first nine months of 2018, ONE ranked as the fourth-largest carrier of containerized imports to the U.S., with about 2 million TEUs of cargo, behind only CMA CGM, Maersk and MSC. Over the same period, ONE ranked fifth among carriers of containerized exports, with about 850,000 TEUs.

19 Oct 2022
It was the “year of the ocean carrier” as liner operators saw 2021 revenue results that were more than double those of other top 50 transportation providers.
19 Aug 2022
Above-average volume growth has narrowed the gap between the 2M Alliance and the Ocean Alliance atop JOC.com’s rankings of the Top 40 Container Carriers by US Imports in 2022.
29 Jul 2022
ONE has extended its highly profitable run through its fiscal first quarter, building on last year’s stellar performance to turn in another record result.
13 Jun 2022
HMM will provide North America shippers with a way to book spot container freight by the end of 2022, joining its peers in THE Alliance.
31 May 2022
ONE’s order of 10 new ships designed to run on alternative fuels is part of the Singapore-based carrier’s $20 billion plan to overhaul its fleet.
28 Apr 2022
Singapore-based ONE reported its third consecutive year of profitability during which flat volume was massively offset by rising rates and 100 percent utilization on major trade lanes.
25 Apr 2022
Seven ocean carriers blocked empty container returns to New York-New Jersey marine terminals last week as import volumes swell due to West Coast freight diversions.
05 Apr 2022
ONE is using Google Cloud to further its ability to automate back office and customer-facing solutions, a sign that the cloud infrastructure giant sees container shipping as a key vertical to target.
25 Mar 2022
Ocean carriers are stepping up efforts to sweep up empty containers that are congesting ports on the US West and East coasts ahead of an expected surge of new imports.
22 Mar 2022
The Federal Maritime Commission is adding the availability of export capacity to its ongoing scrutiny of how ocean carriers are operating in the US.
15 Feb 2022
THE Alliance will split a “pendulum” service that swings from Asia to Europe and the US West Coast, with Hapag-Lloyd saying it could respond to demand more easily by adding vessels to two new services rather than through one existing service.
28 Oct 2021
Mediterranean Shipping Co. and Ocean Network Express are adding Oakland calls to their Asian services as the vessel congestion at the port abates.
07 Sep 2021
When ships sit outside ports and containers are not picked up and returned quickly, that loss of effective capacity causes record spot rates, high demurrage and detention costs, and lengthening transit times.
31 Aug 2021
Mediterranean Shipping Co. sat on top of the rankings for ocean carriers handling US imports while its 2M partner Maersk was top carrier on the export side.
27 Jul 2021
The reopening of the US and European economies after last year’s COVID-19 lockdowns spurred a resurgence in the trans-Atlantic container trade as business activity in two of the world’s largest economies showed better than expected growth in May, with increases concentrated at US ports that have undergone major expansions.
24 Jun 2021
TradeLens has followed expansion into China with full integrations of Hapag-Lloyd and Ocean Network Express, meaning the platform now has five of the world’s top six container lines.
11 May 2021
The list of container lines able to quote rates and accept bookings through their websites has expanded over the past year, with Singapore-based Ocean Network Express now giving shippers and forwarders such tools.
24 Feb 2021
Container carriers that deployed extra loaders and those that provided express services in the resurgent Asia-US trade saw the largest volume gains in 2020
29 Jan 2021
Ocean Network Express expects to ride a wave of profitability through the first quarter of 2021 and beyond, driven by a strong recovery in demand on the trans-Pacific and Asia–Europe trades.
23 Dec 2020
Unprecedented trans-Pacific volumes and steadily growing exports of petrochemicals, agricultural products, and resins have prompted members of THE Alliance to launch a new direct service between Asia and the US Gulf.
03 Dec 2020
The ONE Apus incident would mark the largest loss of containers at sea since the June 2013 sinking of the MOL Comfort off Yemen.
25 Aug 2020
Only eight of the JOC Top 40 Container Carriers by US Imports managed to increase volumes in the first five months of the year, none of which belong to one of the three major vessel-sharing alliances.
20 Aug 2020
A chassis dispute between trucking executives and ocean carriers has reached an impasse, spurring American Trucking Associations to seek a resolution from the US Federal Maritime Commission.
03 Aug 2020
Ocean Network Express (ONE) said blank sailings were key to boosting ship utilization, with use on eastbound trans-Pacific services hitting 96 percent.
03 Aug 2020
Aggressive capacity management in response to the effects of the COVID-19 crisis and escalating tariffs has helped the top 10 container carriers operating in the Europe–US trade increase their share of the market so far in 2020.
30 Jun 2020
Retailers and forwarders say July 1 general rate increases (GRIs) could send spot container freight rates in the eastbound trans-Pacific to record levels.
05 Jun 2020
Jeremy Nixon, CEO of Ocean Network Express (ONE), says he’s more optimistic of a rebound in trans-Pacific container volumes as Chinese factory production builds and some importing sectors such as retailers bringing in summer items begin restocking inventories.
ONE targets global electronic bill of lading capability by mid-year
02 Apr 2020
Singapore-based carrier ONE plans to roll out globally an electronic bill of lading through its customer portal starting in the second quarter of 2020.
02 Apr 2020
As consumer demand in the US plummets due to the coronavirus disease 2019 (COVID-19), trans-Pacific carriers are suspending entire strings in addition to blanking additional sailings from Asia in the second quarter.
NYSHEX volume tripled, membership doubled in 2019
29 Jan 2020
New York Shipping Exchange (NYSHEX) said 96.4 percent of contracts last year were fulfilled, meaning that carriers accepted the cargo for the sailing it was booked for and cargo owners and non-vessel operating common carriers delivered the containers they contracted.
THE Alliance to roll out HMM mega-ships in revised Asia-Europe network
08 Jan 2020
Members of THE Alliance are making plans to reshuffle their Asia-North Europe and Asia-Mediterranean networks in preparation for HMM, which will join the vessel grouping in April.
Trans-Pac carriers recouping IMO surcharges, but scale unclear
03 Jan 2020
Recent quotes by carriers on their surcharges for more expensive low-sulfur fuel oil are confusing shippers and causing suspicion carriers are attempting to make unreasonable profits from the global LSFO mandate that took effect Wednesday.
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.
JOC Top 40 container carrier rankings first half 2019
16 Sep 2019
Container carriers in the slowing US import and export trades are exercising increased discipline, maintaining capacity levels rather than introducing new vessels in an attempt to secure a larger share of the market.
04 Sep 2019
Amid signs of newfound and relative stability, the container shipping industry faces two imminent challenges.
19 Aug 2019
Carrier market share in the trans-Pacific is not expected to change much in the next few months, in part because carriers will manage capacity by blanking individual sailings and deploying extra-loader vessels to handle import surges.