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April 05, 2018

Japan's Ocean Network Express started operations

Ocean Network Express ("ONE") announced the commencement of container shipping businesses on April 1, 2018.

ONE is the result of an integration of the container operations of three Japanese shipping carriers, namely, Kawasaki Kisen Kaisha, Ltd ("K" Line), Mitsui O.S.K. Lines, Ltd (MOL), and Nippon Yusen Kabushiki Kaisha (NYK).

The network's goal is to meet customers' needs with the consolidation and enhancement of the three companies' global network and service structures.

The start of container shipping operations is in line with the initial schedule laid out when the company was established on July 7, 2017.

Source: ONE