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.”
Related: ‘K’ Line, Mitsui, NYK container shipping JV on schedule
Photo credit: Ocean Network Express
Published: 3 April, 2018
An Aframax tanker could add up to $4,000/d in costs, assuming a 40t/d bunker consumption, emissions of 3.1t of CO2 at an emissions certificate price of €30/t, it said.
Flexible digital platform ensures simple and accurate recording of vessel ratings as well as ongoing guidance for vessel efficiency to meet emission regulations.
The company has leased storage at Gordon Terminal Service Company in New Jersey to help ensure products to be delivered have no risk of contamination.
Bonded bunker sales for state-owned enterprises and Zhoushan enterprises were 1.71 mln mt and 157,900 mt, accounting for 91.56% and 8.44%.
Becomes first local oil enterprise to conduct bunkering operations under new “multiple supply from one ship” and “direct supply across customs areas” delivery models.
Results will be published ‘as soon as practicable’, it says in statement on Hong Kong Stock Exchange.
‘We’ll start the application [to MPA] before the end of 2022 and hopefully to receive approval within six months or sooner,’ L. Y. Hwang, Director / General Manager of Oval Asia Pacific Pte Ltd, tells Manifold Times.
Digitalisation makes it easier for shipowners to conform to growing external regulations such as new sulphur regulations and ‘no scrubber’ zones; operators can identify better bunkering options to reduce costs.
Eventual adoption of Digital Bunker Document Standard speeds up interoperability between stakeholders from both public and private sectors, learns Singapore bunkering publication Manifold Times.
Rob Ashton, Market Manager of Infineum, explains how Infineum B402 is a relatively easy way for a ship operator to positively influence a vessel’s CII rating while improving its bunker fuel consumption performance.
Fifteen incidents of misappropriation of Shell gasoil worth USD 10,4 million went undetected by Shell between 2016 to 2017 due to Muhammad Ali Bin Muhammad Nor’s involvement, learned Manifold Times.
ISO delegates represented seven countries and were in Singapore to attend a three-day meeting of ISO WG13 to develop two new ISO bunkering standards, learns Singapore bunkering publication Manifold Times.
