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Ocean Network Express

FreightWaves Staff Thursday, August 1, 2019

Port Report: Ocean Network Express aims for 2019 turnaround

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 […]

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FreightWaves Staff Tuesday, July 2, 2019

Hapag-Lloyd, ONE sign on for IBM-Maersk blockchain group

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 […]

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