Ocean Network Express

{{short description|Japanese container shipping company}}

{{Use dmy dates|date=July 2020}}

{{Infobox company

| logo = File:Ocean_Network_Express_logo.svg

| image = File:Mv ONE Grus.png

| type = Joint venture

| foundation = {{Start date and age|2017|df=yes}}

| hq_location_city = Tokyo and Singapore

| hq_location_country =

| locations =

| area_served = Worldwide

| industry = Maritime transport

| key_people = Jeremy Nixon{{Cite web |url=https://splash247.com/one-appoints-jeremy-nixon-to-the-helm-highest-ranked-foreigner-in-japanese-shipping-history/ |title=ONE appoints Jeremy Nixon as CEO |date=10 July 2017 |website=splash247.com |access-date=3 July 2023}}

| products =

| owner = {{unbulleted list|Nippon Yusen (38%)|Mitsui O.S.K. Lines (31%)|K Line (31%)}}

| num_employees = 14,000{{Cite web |url=http://about.att.com/story/2019/ocean_network_express.html |title=Ocean Network Express |website=about.att.com |access-date=26 March 2019}}

| parent =

| subsid = Ocean Network Express Japan (Japan)
Ocean Network Express Pte. Ltd. (Singapore)

| homepage = {{URL|one-line.com}}

| name = Ocean Network Express Holdings, Ltd.

}}

Ocean Network Express Holdings, Ltd., branded as ONE, is a Japanese container transportation and shipping company jointly owned by the Japanese shipping Lines Nippon Yusen Kaisha, Mitsui O.S.K. Lines, and K Line. Launched in 2017 as a joint venture, ONE inherited the container shipping operations of its parent companies, corresponding to a combined fleet capacity of about 1.4 million TEU.{{Cite web |url=http://splash247.com/japans-big-three-lines-christen-new-merged-container-entity-ocean-network-express/ |title=Japan’s big three lines christen new merged container entity Ocean Network Express - |last=Chambers |first=Sam |date=31 May 2017 |website=splash247.com |access-date=3 January 2019}}

History

ONE was founded in 2016 as a joint venture between Nippon Yusen Kaisha (NYK), Mitsui O.S.K. Lines (MOL), and K Line. The company was formed as part of a larger process of consolidation that was occurring in the container shipping industry at that time, affected by poor profits and surplus capacity.{{Cite web|url=http://www.seatrade-maritime.com/news/asia/japan-s-k-line-mol-nyk-to-integrate-container-shipping-business.html|title=Japan’s K Line, MOL, NYK to merge container shipping business|last=Liang|first=Lee Hong|website=www.seatrade-maritime.com|language=en|access-date=2019-01-08}} It merged the container shipping divisions of the three companies, forming the sixth-largest container shipping company in the world at that time. NYK controls a 38% stake of the joint venture, while MOL and K Line own 31% each.{{Cite web|url=https://theloadstar.co.uk/creation-ocean-network-express-will-turning-point-nyk-says-president/|title=Creation of Ocean Network Express will be a turning point for NYK, says president|last=Wackett|first=Mike|date=3 October 2017|website=The Loadstar|access-date=3 January 2019}}

After starting corporate and sales activities in October 2017, the company began trading in April 2018, with headquarters in Japan,{{Cite web|title=Organization Structure {{!}} ONE|url=https://www.one-line.com/en/standard-page/organization-structure|access-date=2021-04-01|website=www.one-line.com}} business operation headquarters in Singapore and regional headquarters in United Kingdom, United States, Hong Kong, and Brazil,{{Cite web |url=http://www.tradewindsnews.com/offshore/1270826/japans-big-three-reveal-ocean-network-express |title=Japan's big three reveal Ocean Network Express |date=1 June 2017 |website=TradeWinds}}{{Cite web |url=https://www.logisticsmgmt.com/article/nyk_k_line_mol_team_up_to_form_the_ocean_network_express |title=NYK, K-Line, MOL team up to form the Ocean Network Express |last=Berman |first=Jeff |date=1 June 2017 |website=logisticsmgmt.com |access-date=3 January 2019}}{{Cite web |url=https://splash247.com/ocean-network-express-large-enough-survive-small-enough-care/ |title=Ocean Network Express: ‘Large enough to survive, small enough to care’ - |date=17 July 2017 |website=splash247.com |access-date=3 January 2019}} and local offices in 90 countries.{{Cite web|title=All Offices {{!}} ONE|url=https://www.one-line.com/en/all-offices|access-date=2021-04-01|website=www.one-line.com}}

On 2 April 2018, ONE Minato (ordered by K Line, and originally named Minato Bridge) was launched from Imabari Shipbuilding as trial. The vessel has a capacity of 14,000 TEU, and has been re-painted in magenta.{{Cite web|date=2 April 2018|title=ONE launches its first container ship|url=https://www.marineinsight.com/videos/watch-one-launches-its-first-container-ship-one-minato/amp/|access-date=8 July 2019|website=Marine Sight}}

On 15 May 2018, the first magenta painted vessel was delivered and added into the fleet. ONE Commitment (formerly known as MOL Commitment, built in 2013), started her maiden voyage at Singapore and reached Yantian International Container Terminals in China. Sailing under Japanese flag, the vessel operates on THE Alliance PN2 service calling Japan, China, US and Canada with a total capacity of 8,560 TEU.{{Cite web|title=ONE's New Livery Debuts at Port of Tacoma|url=https://www.maritime-executive.com/article/one-s-new-livery-debuts-at-port-of-tacoma|access-date=2021-04-19|website=The Maritime Executive|language=en}}

On 12 June 2018, the newly built ONE Stork was delivered and launched from Hiroshima, Kure Shipyard in Japan. This vessel was originally intended as NYK Stork, as part of the 8 Bird-class container ship sister ships, ordered and owned by Nippon Yusen Kaisha, and chartered to ONE. The ship has a capacity of 14,000 TEUs and is magenta painted. The first deployment was instructed towards North America East Coast, after calling several loading ports in China, Hong Kong and Singapore.{{Cite web|date=12 June 2018|title=ONE Stork launch|url=http://www.shipspotting.com/gallery/photo.php?lid=2803987/|access-date=8 July 2019|website=Ship Spotting}}

On 7 July 2018, ONE Competence made fast at the Port of Oakland. The vessel was built in 2008 as MOL Competence, to carry over 8000 TEUs. She has recently been repainted in magenta, following the intended plan to rebrand over 240 vessels in the fleet.{{Cite web|date=7 July 2018|title=Oakland welcomes ONE|url=https://www.porttechnology.org/news/oakland_welcomes_eye_popping_one_magenta_ship/|access-date=8 July 2019|website=Port Technology}}

In August 2018, ONE ordered more than 14,000 refrigerated containers.{{Cite web|date=20 August 2018|title=One Orders 14,000 Reefers|url=https://www.maritime-executive.com/article/one-orders-14-000-reefers#gs.rZ7Ag8E|access-date=3 January 2019|website=Maritime Executive}}

In December 2018, ONE and PSA International signed an agreement to form a joint venture at Pasir Panjang Terminal in Singapore to conduct container operations in the terminal, starting in the first half of 2019.{{Cite web|date=22 December 2018|title=Ocean Express and PSA Joint Venture|url=http://www.harbourmaster.org/index.php/News/ocean-network-express-and-psa-joint-venture-container-terminal-be-launched-Singapore|access-date=3 January 2019|website=IHMA}}

On 30 November 2020, the container ship ONE Apus lost an estimated 1816 containers overboard during severe weather while traveling from Yantian in China to Long Beach, California, USA. Among these were 64 containers of dangerous goods. Removing collapsed containers from the deck took 3 months after the ship docked in Kobe, Japan.{{Cite web|title=ONE Apus Containership Returns to Sea After Three Month Recovery|url=https://maritime-executive.com/article/one-apus-containership-returns-to-sea-after-three-month-recovery|access-date=2021-04-01|website=The Maritime Executive|language=en}}

On 14 April 2021, ONE is added to ISO9001 certification registry of ClassNK.{{Cite web|title=ONE is added to ISO9001 certification registry of ClassNK {{!}} Hellenic Shipping News Worldwide|url=https://www.hellenicshippingnews.com/one-is-added-to-iso9001-certification-registry-of-classnk/|access-date=2021-05-07|website=www.hellenicshippingnews.com}}

On 19 April 2021, ONE has announced the formation of a new Green Strategy Department, that will be involved in environmental sustainability projects, such as the successful trial of bio-fuel to power the MOL Experience container ship.{{Cite web|last=Berry|first=Rhys|title=GLOBAL: ONE launches green strategy department|url=https://www.bunkerspot.com/global/52992-global-one-launches-green-strategy-department|access-date=2021-04-19|website=Bunkerspot - Independent Intelligence for the Global Bunker Industry|language=en-gb}}

On 4 February 2025, it has been announced a collaboration with LX Pantos for the American market.{{Cite web|date=4 February 2025|title=LX Pantos forms US joint venture with ONE|url=http://www.koreatimes.co.kr/www/tech/2025/02/129_391511.html/|access-date=4 February 2025|website=Korean Times}}

Color scheme

File:Ocean Network Express container.jpg

ONE decided to paint all its newly launched ships and containers in a recognizable and eye-catching magenta shade (refrigerated containers have the opposite coloring: white with magenta lettering).{{Cite web |url= https://www.maritime-executive.com/article/one-takes-delivery-of-first-new-magenta-boxship| title= ONE takes delivery of first new magenta boxship |date=12 June 2018 |website=The Maritime Executive|access-date=21 March 2019}} The magenta colour scheme was inspired by the cherry blossom trees, one of the national symbols of Japan, where the mother companies are located.{{Cite web |url= https://www.sfgate.com/news/bayarea/article/Cherry-Blossom-Coloured-Container-Ship-Arrives-13055991.php | title= Cherry blossom colored container ship arrives |date=7 July 2018 |website=SFGate|access-date=21 March 2019}} Other owned ships will also be painted magenta.{{Cite web|date=2018-07-05|title=Port of Oakland eye popper: magenta container ship in town Monday|url=https://www.portofoakland.com/press-releases/port-oakland-eye-popper-magenta-container-ship-town-monday/|access-date=2021-05-24|website=Port of Oakland|language=en-US}}

THE Alliance - Premier Alliance

Along with Hapag-Lloyd, HMM Co. Ltd., and Yang Ming Marine Transport Corporation, ONE has been a member of THE Alliance. THE Alliance was a group of container shipping companies intended to provide 34 shipping services, directly calling at 81 different ports around the world on a monthly basis.{{Cite web|title=THE Alliance|url=http://www.joc.com/maritime-news/container-lines/alliance|access-date=3 January 2019|website=Joc.com}}

From March 2025, THE Alliance was replaced by Premier Alliance, composed by the same members, excluding Hapag-Lloyd.

Fleet

At establishment, the fleet counted 240 container vessels, including 31 container ships with a capacity of around 14,000 TEU or higher, of which 6 have 20,000 TEU capacity.

As a result of the merger, it also inherited container ship orders from its predecessors, with one ultra-large 20,000 TEU vessel and twelve 14,000 TEU vessels due to be delivered (the Millau Bridge-class container ships).{{Cite web |url=https://shippingwatch.com/carriers/Container/article10065506.ece |title=Jeremy Nixon: ONE must find its place among the mega-carriers |last=Andersen |first=Ole |date=29 November 2017 |website=ShippingWatch |access-date=3 January 2019}} A tonnage review was scheduled to happen within 18 months from the operations beginning, in order to be competitive on all services by using the most recent, technological and efficient ships available to be built.{{Cite web |url=https://www.porttechnology.org/news/one_unveils_eco_friendly_vessel/|title=ONE unveils eco friendly vessel |website=Port Technology|access-date=12 July 2019}}

class="wikitable"

|+Container ship classes of Ocean Network Express

!Ship class

!Built

!Capacity (TEU)

!Ships in class

!Notes

NYK Vega-class

|2006–2007

|9,012

|4

|NYK Line

Hannover Bridge-class

|2006–2009

|8,212

|8

|K Line

NYK Oceanus-class

|2007–2008

|8,628–9,040

|4

|NYK Line

MOL Creation-class

|2007–2008, 2013–2014

|8,110–8,560

|10

|Mitsui O.S.K. Lines

MOL Maestro-class

|2010–2011

|6,724

|10

|Mitsui O.S.K. Lines

NYK Adonis-class

|2010–2011

|9,592

|3

|NYK Line

MOL Globe-class

|2011–2012

|5,605

|10

|Mitsui O.S.K. Lines

MOL Bravo-class

|2014–2016

|10,100

|10

|Mitsui O.S.K. Lines

Millau Bridge-class

|2015–2018

|13,900

|10

|K Line

NYK Bird-class

|2016–2019

|14,000

|15

|NYK Line

MOL Triumph-class

|2017–2018

|20,170–20,182

|6

|Mitsui O.S.K. Lines

MOL Triumph was the world’s largest container ship when it was delivered in March 2017.{{Cite web |date=2017-03-30 |title=World's largest container ship - MOL Triumph - delivered |url=https://www.ybw.com/news-from-yachting-boating-world/worlds-largest-container-ship-mol-triumph-delivered-50227 |access-date=2025-03-04 |website=YBW |language=en-US}}

Zenith Lumos-class

|2020–2021

|14,952

|4

|Long-term charter from Zodiac Maritime.

Readiness-Class |ONE Readiness-Class

|2023–2024

|7,000

|10

|Long-term charter from Seaspan.{{Cite web |title=Operating Fleet {{!}} Seaspan Corp |url=https://www.seaspancorp.com/operating-fleet/ |access-date=2025-03-04 |website=www.seaspancorp.com}}

Freedom-class container ship |ONE Freedom-class

|2022–2024

|15,200

|10

|Long-term charter from Seaspan.{{Cite web |title=Operating Fleet {{!}} Seaspan Corp |url=https://www.seaspancorp.com/operating-fleet/ |access-date=2025-03-04 |website=www.seaspancorp.com}}

Innovation-class container Ship|ONE Innovation-class

|2023–2024

|24,000

|6

|Long-term charter from Shoei Kisen Kaisha{{Cite web|date=2020-12-24|title=ONE inks long-term charters for six 24,000 teu containership newbuilds|url=https://www.seatrade-maritime.com/containers/one-inks-long-term-charters-six-24000-teu-containership-newbuilds|access-date=2021-04-07|website=Seatrade Maritime|language=en}}

Sakura-class container Ship & H Green-class container Ship|ONE Sakura-class & ONE H Green-class

|2025–2026

|13,700

|10

|To be built by Nihon Shipyard and Hyundai Heavy Industries{{Cite web |date=2022-05-31 |title=ONE orders 10 new container ships |url=https://container-news.com/one-orders-10-new-container-ships/ |access-date=2022-06-03 |website=Container News |language=en-US}}

TBD

|2026–2027

|13,000

|22

|To be built by Jiangnan Shipyard and Yangzijiang Shipbuilding.{{Cite web |last=Bahtić |first=Fatima |date=2023-11-22 |title=ONE pulls trigger on new ships with order for 12 methanol dual-fuel boxships |url=https://www.offshore-energy.biz/one-pulls-trigger-on-new-ships-with-order-for-12-methanol-dual-fuel-boxships/ |access-date=2025-03-04 |website=Offshore Energy |language=en-US}}{{Cite web |last=Ang (i_ang) |first=Irene |date=2024-07-17 |title=ONE strikes 10-ship newbuilding deal to double down on methanol fuel bet |url=https://www.tradewindsnews.com/shipyards/one-strikes-10-ship-newbuilding-deal-to-double-down-on-methanol-fuel-bet/2-1-1678629 |access-date=2025-03-08 |website=TradeWinds {{!}} Latest shipping and maritime news |language=en}}

See also

References

{{Reflist}}