ocean-network-express
Ocean Network Express (ONE) reported a net loss of US$88 million for the third quarter of fiscal year 2025, reflecting weaker freight rates, vessel oversupply and softer demand on key trade lanes.
The Singapore-based container carrier said revenue for the October-December 2025 period totaled US$4.074 billion, as declining short-term rates and reduced volumes weighed on results. The loss marked a reversal from profitability in earlier periods.
ONE said market conditions deteriorated during ...
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Ocean Network Express, or ONE, has advanced its green strategy by implementing a ship recycling policy and joining the Ship Recycling Transparency Initiative, or SRTI, which promotes responsible practices and environmental stewardship.
Both moves align with ONE’s efforts to enhance transparency, promote ethical operations, and uphold high environmental standards throughout the ...
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Ocean Network Express held a naming ceremony for the ONE Singapore, the sixth vessel in a series of 20 ammonia/methanol ready container vessels at the Hiroshima Shipyard of Imabari Shipbuilding Co. Ltd. in Japan.
The 13,900 TEU Singapore-flagged vessel, which is methanol and ammonia-ready, follows the successful integration of ONE Sparkle ...
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Freight forwarder Yusen Logistics Co. Ltd. said it has reached an agreement for sustainable shipping solutions through liner shipper Ocean Network Express’ ONE LEAF+ green shipping service.Under this agreement, ONE will use sustainable biofuels for propulsion, achieving up to 84 percent reduction in well-to-wake CO2 emissions compared to very low ...
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Ocean Network Express and LX Pantos have formed a joint venture, Boxlinks LLC, to provide end-to-end domestic intermodal transportation services.This strategic partnership will leverage the combined strengths of ONE and LX Pantos and use the companies’ partnerships with major rail carriers and trucking companies to provide efficient and timely delivery ...
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Singapore-based carrier Ocean Network Express, or ONE, will join Ocean Alliance members CMA CGM, COSCO Shipping Lines, Oriental Overseas Container Line and Evergreen Line in three North Europe Transatlantic services, effective from February 2025.
“Combining our collective fleet deployment and market experience to provide a comprehensive and reliable end-to-end customer service ...
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Ocean Network Express said it will postpone the start of its PS5 and PN4 transpacific services under the Premier Alliance until May 2025.Through May, ONE will modify service coverage with additional port calls on the PS4, PS6 and PN3, with the following rotations:• PS4 (Pacific Southwest) – Xiamen, Yantian, Kaohsiung, ...
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Ocean Network Express and Taiwan-based Yang Ming said they will introduce a transpacific service in February 2025.Japan-based ONE said it will deploy 16 weekly transpacific services, with an emphasis on end-to-end direct services and high schedule reliability. Yang Ming said it will participate in 13 of the loops between Asia ...
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Singapore-based shipping line Ocean Network Express, or ONE, reported a sharp downturn in revenue, earnings and profit for the most recent quarter.The shipping line saw a third-quarter loss of US$83 million, a significant decrease from the year-earlier quarter’s profit of US$2.79 billion. Revenue fell 46 percent to US$3.36 billion, halving ...
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Ocean Network Express Pte. Ltd. (ONE) has selected Broward County's Port Everglades as the U.S. port of call on its newly minted FLX service that will bring refrigerated fruits, vegetables and seafood from the farms of South America to the tables of South Florida.On August 25, ONE announced its FLX ...
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