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Singapore-based ONE appoints Mr. Till Ole Barrelet as new CEO designate

Till Ole Barrelet will join ONE on 1 May as Chief Executive Officer-Designate and will succeed Jeremy Nixon as CEO on 1 July.

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Ocean Network Express (ONE)

Singapore-based container shipping company Ocean Network Express (ONE) on Wednesday (25 February) announced planned leadership transitions which will be effective in the coming weeks. 

Till Ole Barrelet will join ONE on 1 May as Chief Executive Officer-Designate (CEO-designate). He will succeed Jeremy Nixon as CEO on 1 July, at which point Nixon will transition to the role of Senior Advisor.

Since ONE’s inception in April 2018, Nixon and his management team have led the transformation of legacy Japanese carriers – K Line, MOL, and NYK – into a unified global container shipping company. Under his stewardship, ONE has established itself as a major player in the container liner shipping industry, operating a fleet of over 260 vessels with capacity exceeding two million TEUs.

Till brings over 20 years of maritime and logistics experience to the role, most recently serving as CEO of Emirates Shipping Line (ESL). He has deep expertise in ship owning, financing, container shipping, trade development across Asia, the Middle East, Europe, and Africa.

To better position ONE for its next phase of growth, ONE will transition to a new Executive Management Team structure comprising the CEO and seven representatives from across all divisions. The new Executive Management Team, together with a further six regional leaders, will report into the CEO. This expanded leadership structure will facilitate closer collaboration across a global matrix structure at ONE. 

These changes are part of a planned leadership transition. The succession will be seamless, and customers and stakeholders will not be impacted. Please see Appendix A for details of the Executive Management Team and Regional Leadership Team. 

“Jeremy’s contribution to Ocean Network Express has been extraordinary,” said Mr. Jotaro Tamura, Representative Director and Chairman of the Board of Directors, Ocean Network Express Holdings Ltd. 

“As our founding CEO, Jeremy has helped build ONE from the ground up, establishing our corporate culture and market position. We are deeply grateful for his strong leadership and vision in creating a resilient, financially strong company.”

“After a comprehensive search, Till emerged as the clear choice to lead ONE’s next chapter. His proven track record, deep industry understanding, and strategic vision align perfectly with ONE’s growth ambitions, commitment to operational excellence and customer service.”

“Leading ONE from Day One has been the defining chapter of my career,” said Nixon. 

“Together with an exceptional team, we have built something truly special. I am incredibly proud of what we have accomplished – navigating unprecedented challenges, investing in sustainable technology, and building a culture of service excellence. Now is the right time for new leadership, and I am very confident in Till’s ability to lead ONE forward.”

Commenting on his appointment, Barrelet said: “I am honored to lead Ocean Network Express at this pivotal time. Jeremy has built a formidable legacy with a strong culture, talented team, and solid operational foundation. ONE is well-positioned to navigate industry headwinds with an increasingly modern fleet, financial strength, and proven capabilities. I am committed to ONE’s service excellence and growth ambitions while driving our strategic priorities of ONE2030 forward.”

 

Photo credit: Ocean Network Express
Published: 26 February, 2026

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Winding up

Singapore: Liquidators of Nan Ho Maritime, Nan Xin Maritime issue notices of dividend

Nan Ho Maritime’s second interim dividend and Nan Xin Maritime’s second and final dividend are payable from 4 September, according to Government Gazette notices.

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Notices of dividend for Nan Ho Maritime Pte Ltd and Nan Xin Maritime Pte Ltd, which are currently in creditors’ voluntary liquidation, were published on the Government Gazette on Friday (4 September). 

The following are the details of the notice for Nan Ho Maritime:

Name of Company : Nan Ho Maritime (Pte.) Ltd. (In Creditors’ Voluntary Liquidation)
Unique Entity No. / Registration No. : 200814315C
Address of Former Registered Office : 21 Bukit Batok Crescent, #22-70 WCEGA Tower, Singapore 658065
Amount per centum : 2.305 per centum of all admitted ordinary claims
First and Final or otherwise : Second interim dividend
When Payable : 4 September 2026 onwards
Where Payable : c/o AAG Corporate Advisory Pte. Ltd., 11 Collyer Quay, #07-02 The Arcade, Singapore 049317

The following are the details of the notice for Nan Xin Maritime:

Name of Company : Nan Xin Maritime (Pte.) Ltd. (In Creditors’ Voluntary Liquidation)
Unique Entity No. / Registration No. : 201701966W
Address of Former Registered Office : 21 Bukit Batok Crescent, #22-70 WCEGA Tower, Singapore 658065
Amount per centum : 3.980 per centum of all admitted ordinary claims
First and Final or otherwise : Second and final dividend
When Payable : 4th day of September 2026 onwards
Where Payable : c/o AAG Corporate Advisory Pte. Ltd., 11 Collyer Quay, #07-02 The Arcade, Singapore 049317

 

Photo credit: Benjamin Child
Published: 7 September, 2026

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LNG Bunkering

Singapore-based EPS takes delivery of three LNG dual-fuel bulk carriers

Three vessels are the third, fourth and fifth in the company’s series of 14 Newcastlemaxes being built at the yard, and were delivered five months ahead of their contracted delivery dates.

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Singapore-based Eastern Pacific Shipping (EPS) on Friday (4 September) announced the naming and delivery of three new LNG dual-fuel Newcastlemax bulk carriers from China’s Qingdao Beihai Shipbuilding. 

Cyril Ducau, CEO of EPS, said the vessels were named Mount Victoria, Mount Yulong and Mount Wuyi

The three vessels are the third, fourth and fifth in the company’s series of 14 Newcastlemaxes being built at the yard, and were delivered five months ahead of their contracted delivery dates.

“A big thank you to CSSC Group and Qingdao Beihai Shipbuilding, working alongside our EPS team, for the tremendous collaboration and commitment behind this achievement,” Ducau said in a social media post.  

 

Photo credit: Eastern Pacific Shipping
Published: 7 September, 2026

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Port & Regulatory

ISWG-GHG 22: IMO working group aims to present NZF text at MEPC 85

The Chair expressed his observation of a genuine willingness within the Group to make concrete further progress at the next ISWG-GHG meeting and work towards presenting text to MEPC 85.

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IMO

The Intersessional Working Group on Reduction of Greenhouse Gas (GHG) Emissions from Ships (ISWG-GHG 22) met for its 22nd meeting from 1 to 4 September 2026, chaired by Mr. Sveinung Oftedal (Norway), according to the International Maritime Organization on Friday (4 September). 

According to a meeting summary by IMO, the meeting had a high level of participation, with nearly 1200 registered participants, in person and online.

During the meeting participants considered the following agenda items:

Consideration of proposals, including documents submitted to MEPC 84 and 85, previous sessions of ISWG-GHG, as well as documents submitted to ISWG-GHG 22, on how to address concerns with the draft amendments to MARPOL Annex VI on the Net-Zero Framework, in line with the 2023 IMO GHG Strategy

Following constructive discussions, the Chair expressed his observation of a genuine willingness within the Group to make concrete further progress at the next ISWG-GHG meeting and work towards presenting text to MEPC 85 that adequately addresses the noted progress made in the consideration of proposals on how to address concerns raised regarding the draft amendments to MARPOL Annex VI on the mid-term measure.

The Group invited interested delegations to continue to consult intersessionally to address remaining concerns with the draft amendments to MARPOL Annex VI, in line with the 2023 IMO GHG Strategy, taking into account views expressed at the Group’s session, with a view to submitting concrete proposals reflecting enhanced convergence allowing timely adoption and effective implementation.

Further consideration of the draft guidelines supporting the uniform and effective implementation of IMO’s mid-term measures.

The Group held a preliminary exchange of views on this agenda item, although time became a limiting factor and the Group and agreed to defer the consideration of all documents submitted to this session under this agenda item to ISWG-GHG 23 (23-27 November 2026).

Further consideration of the development of the IMO Life Cycle GHG Assessment (LCA) framework.

Due to time constraints, the Group was not able to consider the agenda item related to the IMO Life Cycle GHG Assessment (LCA) framework. The Group deferred the consideration of those documents to ISWG-GHG 23, in conjunction with the report of the fourth meeting of the GESAMP-LCA Working Group expected to be submitted to MEPC 85.

Next steps

The next meeting of the Intersessional Working Group on Reduction of Greenhouse Gas (GHG) Emissions from Ships (ISWG-GHG 23) is scheduled for 23 to 27 November 2026, ahead of MEPC 85 (30 November to 3 December).

The second extraordinary session of MEPC (adjourned last October) is scheduled to resume on 4 December, subject to discussions at MEPC 85.

 

Photo credit: International Maritime Organization
Published: 7 September, 2026

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