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March 12, 2021
Share this article The Ocean Network Express-operated ONE Apus is getting ready to depart Japan after operations to discharge collapsed and damaged containers after its record-setting cargo loss in the Pacific Ocean last year. A Customer Advisory dated March 10 said the ship is tentatively schedule to depart Kobe on or around March 15. If so, the vessel will have an arrival date in Long Beach of around March 30, however, ONE warns that the schedule is subject to change and is without guarantee....
February 18, 2021
Ocean Network Connects Florida and Panama Ocean Networks Inc. Launches Caribbean Express (CX): Its Latest Submarine Cable System Project Connecting US to Panama Ocean Networks announced today that it has launched its Caribbean Express (CX) Project, an 18-fiber pair submarine cable system linking Florida to Panama. The CX system will utilize Space Division Multiplexing (SDM) technology to connect West Palm Beach (Florida), Balboa (Panama), Cancun (Mexico) and Cartagena (Colombia) with high spee...
February 11, 2021
Ocean Network Express successfully completes biofuel bunker trial in trans-Atlantic journey 11 Feb 2021 Container shipping company headquartered in Singapore and Tokyo, Ocean Network Express Pte Ltd (ONE), on Wednesday (10 February) announced its successful trial use of biofuel bunkers to power the M/V MOL Experience. The trial was completed on Sunday, 7 February, following the bunkering operation at the Port of Rotterdam in November 2020 and was performed in collaboration with shipowner Mitsui...
February 11, 2021
The COVID-19 pandemic proved good for business for the world’s ocean carriers. 2020 was very good for South Korea’s HMM, which announced Tuesday a billion-dollar turnaround to record its highest operating profit ever. Highest ever says a lot considering HMM, formerly known as Hyundai Merchant Marine, has been around for more than 40 years. And ...
January 29, 2021
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January 22, 2021
Maersk Ship Loses 750 Containers Overboard in Pacific Ocean A cargo ship operated by A.P. Moller-Maersk A/S lost several hundred containers in the Pacific Ocean while sailing through heavy seas from China to Los Angeles, the latest in a spate of incidents in which boxes carrying millions of dollars’ worth of goods have gone overboard. The company said the Maersk Essen, which has capacity for more than 13,000 containers, lost an estimated 750 of them on January 16 about halfway through its tra...
January 22, 2021
Lloyds Loading List Search our news archive James Baker | 2021-01-22 13:08:42.0 High levels of demand are causing port congestion and increased cargo delays, with rollovers by major carriers rising from 35% in November to 37% in December Many key transhipment ports and the leading container lines are continuing to see elevated levels of cargo rollovers, according to research from Ocean Insights. Cargo levels remain far above seasonal averages, causing further delays to cargo, which is increasi...
January 13, 2021
E-Mail IMAGE: Revenue share accounted for by the 10 largest companies in each of the eight core industries of the ocean economy. Outer band indicates the respective industry total revenue in 2018... view more Credit: Science Advances For the first time, scientists have identified the 100 transnational corporations (see table) extracting the majority of revenues from economic use of the worlds ocean. Dubbed the "Ocean 100", the group of companies generated US$1.1 trillion in revenues...
January 1, 2021
2020 won’t be a year to remember for newbuildings. A combination of pandemic, trade contraction and uncertainty surrounding existing and future regulation compliance guidelines, pushed more ship owners towards the S&P market for their tonnage needs. In its latest weekly report, shipbroker Allied Shipbroking said that it was “an overall quiet week for the newbuilding ...
December 29, 2020
Singapore-based ONE signs long-term charter for six record-sized containerships Singapore-based container shipowner Ocean Network Express has agreed to a 15-year charter for six of the largest container ships ever built at more than 24,000 twenty-foot equivalent units when the ships are delivered in 2023-2024, the company said Dec. 24. ONE signed the letter of intent for a long-term charter with Shoei Kisen Kaisha, the shipowning arm of Imabari Shipbuilding, who will build the ships in consorti...