The Japanese shipping alliance Ocean Network Express (ONE) has started business on 2 April, 2018 after receiving payment of investment from its stakeholders.
The joint venture between Kawasaki Kisen Kaisha (31%), Mitsui O.S.K. Lines (31%), and Nippon Yusen Kabushiki Kaisha (38%) will consist of about 230 vessels with total capacity of 1.44 million twenty-foot equivalent unit (TEUs).
“The integration lets ONE to incorporate best practices from the three companies and to take advantage of their combined 1,440,000 TEU fleet size.
“Supported by a worldwide high level, globally-connected organization, it offers 85 service loops and a comprehensive network linking more than 200 of the world’s major ports.
“The start of container shipping operations is in line with the initial schedule laid out when the company was established on July 7, 2017.
“ONE is focused on offering superior quality and the most competitive service throughout its network.
“Each service has been developed to provide clients with the highest level of satisfaction. ONE aims to transform the global container business with totally new and innovative services.”
Photo credit: Ocean Network Express
Published: 3 April, 2018
Cash of SGD 4.43 million and USD 243,100, and one piece of 100-gram gold-coloured bar recovered in safe belonging to Abdul Latif Bin Ibrahim kept at Extra Space warehouse storage facility, show court documents.
Program introduces periodic assessments, mass flow metering data analysis, and regular training for relevant key personnel to better handle the MFMS to ensure a high level of continuous operational competency.
U.S. Claims Register Summary recorded a total USD 833 million claim from a total 180 creditors against O.W. Bunker USA, according to the creditor list seen by Singapore bunkering publication Manifold Times.
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