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Japan’s big three lines christen new merged container entity Ocean Network Express

Japan’s big three lines christen new merged container entity Ocean Network Express

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Ocean Network Express is the name Japan’s three largest shipping companies have come up with for their new merged container shipping entity.

Scheduled to launch next April Ocean Network Express, which has the neat ONE acronym, brings the container operations of Mitsui OSK Lines (MOL), Kawasaki Kisen Kaisha (K Line) and Nippon Yusen Kaisha (NYK) together in a merged fleet that will boast approximately 1.4m slots. The new entity will be headquartered out of Singapore with regional headquarters to be established in Hong Kong, London, Richmond and Sao Paulo.

“The move will allow Ocean Network Express to better meet customers’ needs by providing high-quality, competitive services through the consolidation and enhancement of the three companies’ global network and service structures,” the three firms said in a joint release today. All three companies are part of THE Alliance, a new container grouping that launched in April this year.

Commenting on the Japanese merger, Splash regular container contributor Lars Jensen, who heads up Seaintelligence Consulting in Copenhagen, said: “The combined size of the Ocean Network Express in itself provides significant opportunities. Some of the key aspects the new carrier will need to focus on, is redesigning the parts of the networks not under the scope of THE Alliance’s services, as well as getting solid alignment within their local sales and customer service staff in order for all of them to pull in the same direction once the new entity is launched.”

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Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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1 Comment

  1. Chwayita Mpiyane
    June 1, 2017 at 5:18 pm

    Cant wait for the merge, trully brilliant idea, welcoming them as agents