Ocean Network Express

Japanese shipping company NYK;s fiscal first quarter earnings are covered in this article.

An overview of Japanese shipping company MOLs fiscal first quarter earnings is covered in this article.

Ocean Network Express (ONE) expects slightly better profit this year than previously forecast as costs drop one year into its full operation.  But overall demand remains tepid as it lowered full-year revenue targets and reduced service in the trans-Pacific shipping market.   ONE, the container ship joint venture of Japan’s largest shipping companies, made the forecast […]

Hapag-Lloyd (FSE: HLAG) and Ocean Network Express (ONE) says they will join the TradeLens blockchain platform developed by Maersk (Nasdaq OMX: MAER.B)  and IBM (NYSE: IBM). The fifth- and sixth-largest carriers respectively, Hapag-Lloyd and ONE join CMA CGM and Mediterranean Shipping Company (MSC) in using the platform. TradeLens now extends to more than half of […]

Market expert Brian Aoaeh writes about the new Digital Shipping Container Alliance and why standards are important to industry. He also writes about why getting standards written and adopted is particularly difficult.

The U.S.-China trade talks throw another curveball at shippers and leave no time to move containers ahead of new tariffs. Market experts see no quick relief at hand, and the weak rates are the set-up for service cuts by the ocean carriers in the coming weeks. As reported in FreightWaves, the Freightos Baltic Index for […]

A consortium to improve the technology used in container shipping just got larger with the addition of several big names in the liner business. The Digital Container Shipping Association (DCSA) said France’s CMA CGM, Taiwanese carriers Yang Ming and Evergreen Marine, Korea’s Hyundai Merchant Marine and Israel’s ZIm are joining the group.    The Amsterdam-based […]

One-year old container ship joint venture expects customers to come back with more boxes and pay higher rates in 2019.

Lighter loads through Panama Canal and schedule reliability are two effects hitting ocean freight; ‘We should not underestimate weather.’

LA caught between straits of labor and capital; group looks for ocean freight’s Esperanto; and digital-first forwarder gets $20m funding.

Could this be the year ocean carriers get shippers to pay up? It may be if they want a ‘get-on-the-boat rate’ and not just a ‘paper rate.’

Member of THE Alliance is latest ocean carrier to experience financial difficulty amid a still volatile rate environment.

Liner alliances in a quandary about what to do with largest capacity ships as cancelled port calls increase to deal with capacity glut.

Read on economy from container data does not indicate slowdown yet in cards for global trade.

It’s Northern California versus Southern California traffic as port displays turn times; Brexiting remains bad for business, shipowners warn.

Even the Port’s director agrees something needs to be done; East Coast port notches new record; ATA crows about California victory.

Ocean carriers ease back capacity as import volumes slowdown, but industry still expected to be set fair for 2019.

World’s largest container lines plan to look at emerging technologies as new options come to the market.

SONAR’s signature index has a birthday; Ocean Network Express to lose $600M; oilfield service companies guide for tight margins in Q3; President Trump bails on coal industry incentives; pros and cons of blockchain in container shipping; spending 60,000 hours reverse-engineering a Tesla Model 3.