Ocean Network Express Pte. Ltd. (ONE) has announced the commencement of container shipping operations on 1 April 2018, which is according to the initial schedule laid out when the company was established on 7 July 2017. ONE is the result of an integration of the container businesses of three Japanese shipping carriers: Kawasaki Kisen Kaisha, […]
XVELA, part of Cargotec’s Kalmar, has signed a contract with Ocean Network Express Pte. Ltd. (ONE), the joint venture of the 3 Japanese shipping lines – K Line, NYK and MOL established in July 2017, to provide its collaborative stowage solution, informs Cargotec. The company highlights it as a significant step in realising the Cargotec […]
The government of Kenya signed a loan agreement with the Japan International Cooperation Agency (JICA) for a loan of Sh35 bln (approx. USD 340 mln) for construction of Phase II of the second container terminal at the port of Mombasa, informs Construction Business Review. According to the Kenya Ports Authority managing director Catherine Mturi-Wairi, the […]
Today, July 10, the 3 Japanese shipping lines – K Line, NYK and MOL – have officially announced details of the establishment of their joint venture “Ocean Network Express” (ONE) and the appointment of Jeremy Nixon as ONE CEO. According to the press release published at the new website launched specifically for the JV, the […]
The US Federal Maritime Commission (FMC) has rejected the merger of the three Japanese container shipping lines K Line, Mitsui O.S.K. and NYK on “jurisdictional grounds”, informs The Loadstar. The matter will now be referred to the US Department of Justice (DoJ), which could delay or halt the proposed joint-venture. As we wrote earlier, aiming […]
Today at a joint press conference, the three Japanese shipping lines – K Line, NYK and MOL – announced of an agreement to integrate their container shipping and overseas port businesses. According to their joint statement, Kawasaki Kisen Kaisha, Ltd., Mitsui O.S.K. Lines Ltd., and Nippon Yusen Kabushiki Kaisha have signed contracts agreeing the establishement […]
