Category: ONE
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Carriers reroute fleets to sidestep US levy
Carriers reroute fleets to sidestep US levy Global shipping is realigning fleets in anticipation of October’s extra port fees to be levied by the US on China-linked tonnage. This is already being reflected in chartering decisions for transatlantic tanker and dry bulk fixtures with Chinese-built tonnage shifting to other parts of the globe. In the…
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Federal Maritime Commission okays Premier Alliance agreement
Federal Maritime Commission okays Premier Alliance agreement The Federal Maritime Commission (FMC) in the US has given its blessing to the formation of the Asian liner grouping, the Premier Alliance. Alliance partners HMM, Ocean Network Express (ONE), and Yang Ming were left stunned when in early November the FMC demanded more information about the new…
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Global liner alliances retrench
Global liner alliances retrench Midnight tonight sees liner shipping go through its largest reshuffle in a decade as companies jump ship from existing alliances on the main east-west trades. THE Alliance will become the Premier Alliance, with Ocean Network Express (ONE), HMM and Yang Ming Marine Transportation as partners, and Mediterranean Shipping Co (MSC) helping…
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Premier Alliance launch delayed as US demands more details
Premier Alliance launch delayed as US demands more details The Premier Alliance, a new Asian liner grouping, had planned to start selling bookings later this week, something that will now likely have to be put on hold following intervention from the US. The Premier Alliance is made up of members of the soon-to-disappear THE Alliance,…
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FMC ruling stalls launch of box ship Premier Alliance
FMC ruling stalls launch of box ship Premier Alliance The Federal Maritime Commission (FMC) on Friday issued a ruling that put on hold plans by containership operators Ocean Network Express (ONE), HMM and Yang Ming to launch the Premier Alliance this week. The FMC announced its decision the same day that ONE released details of…
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ONE buys into Jakarta terminal
ONE buys into Jakarta terminal Japanese liner Ocean Network Express (ONE) has bought a minority stake in New Priok Container Terminal One (NPCT1) in Jakarta, Indonesia for an unspecified price. Built in 2016, NPCT1 has an annual capacity of 1.5m teu and can accommodate the largest ships afloat today. Other shareholders in the terminal are shareholders…