ONE

Service cancellations

THE Alliance to withdraw FE5 service

THE Alliance carriers (Hapag-Lloyd, HMM, ONE and Yang Ming) will withdraw the Asia-North Europe FE5 service from November 2023. The FE5 is the second smallest of the 5 Asia-North Europe loops operated by THE Alliance and currently deploys 10 ships of 13,800-14,100 teu calling at Laem Chabang, Cai Mep, Singapore, Colombo, Rotterdam, Hamburg, Antwerp, London Gateway, Jeddah, Singapore, Laem Chabang, with 1 sailing blanked on an 11 week round trip rotation. The last westbound sailing is scheduled

Service cancellations

THE Alliance to withdraw EC4 service to US East Coast

THE Alliance carriers (Hapag-Lloyd, HMM, ONE and Yang Ming) will withdraw the EC4 service from November 2023. The EC4 is 1 of the 5 FE-US East Coast services that THE Alliance currently operates. The last sailing will be made by the 14,078 teu YM WIND from Hong Kong on 6 November 2023. The service calls at Kaohsiung, Xiamen, Hong Kong, Yantian, Cai Mep, Singapore, Suez Canal, Norfolk, Savannah, Charleston, New York, Suez Canal, Singapore, Kaohsiung. The service currently deploys 11 ships of 13,

Services

ONE adds Southeast Asia to India and Gulf (SIG) service

ONE has announced the launch of a new Southeast Asia to India and Gulf (SIG) service from 16 November 2023. The service will call at Singapore, Nhava Sheva, Mundra, Dammam, Jebel Ali, Cochin, Colombo, Singapore using 4 ships that are yet to be assigned in a 28 day rotation.

Services

Korea China Indonesia (KCI) service launched

ONE, Namsung, TS Lines and SITC are joining hands to launch a new Korea China Indonesia (KCI) service calling at Busan, Qingdao, Shanghai, Ningbo, Jakarta, Surabaya, Shekou, Xiamen, Busan from 10 October 2023. The KCI service will turn in 28 days using 4 ships of 2,400-3,000 teu. Each of the 4 partners will provide 1 ship each on the service, starting with the 2,954 teu TS MUNDRA at Busan on 10 October, to be followed by the 2,433 teu SITC MINGCHENG, 2,741 teu LORRAINE and 2,556 teu STARSHIP N

Services

ONE, ESL and Sinokor take slots on X-Press Feeders' new Far East-ISC service

Several carriers have announced their participation in the new X-Press Feeders North China-India West Coast X-Press (NWX) service that is operated jointly with Maersk, which brands it as the FI3 (Far East-India 3) that will start from October 2023. ONE, ESL and Sinokor have all announced their participation in the service, branding it respectively by ONE as Northeast Asia to Pakistan and India (NPI), ESL as Far East West India (FWI) and Sinokor as the North China-India West Coast Express (NWX).

Services

ONE launch Florida Latin Express (FLX)

ONE will launch a new Florida Latin Express (FLX) service from 4 October 2023. The service will turn in 28 days using 4 ships of 1,400-1,700 teu and call at Callao, Paita, Guayaquil, Cartagena, Port Everglades, Puerto Cortes, Cartagena, Callao. The 4 ships will be positioning from Europe and Asia to join the new service, including the 1,436 teu ESSENCE, 1,740 teu HANSA SIEGBURG and the 1,781 teu newbuilding LANGENESS. Florida Latin Express (FLX) service

Companies

ONE net earnings more than halved

ONE reported a 58% QoQ drop in net profits in the 2nd quarter of 2023, with its higher exposure on the Transpacific routes dragging down its overall profitability by a larger margin compared to CMA CGM. EBIT margins dropped to 10%, its lowest level since 2020 but net profits were boosted by net interest income due to positive cash balances (ONE does not provide balance sheet details and interest income breakdown). ONE did not provide earnings guidance for FY2023, citing low visibility. However

Services

ONE to offer Thai Hakata Express (THX) through slots on SITC/JJS service

ONE will launch a new Thai Hakata Express (THX) service from 10 August 2023 through slots on the existing SITC/Jinjiang Shipping (JJS) Vietnam Thailand Express 5 / China Thailand Express 2  (VTX5/CTX2) service. The service calls at Lianyungang, Qingdao, Laem Chabang, Bangkok, Laem Chabang, Ho Chi Minh City, Nansha, Hakata, Osaka, Kobe, Busan, Lianyungang but ONE's THX will be limited to the northbound connections calling at Bangkok, Laem Chabang, Ho Chi Minh City, Nansha, Hakata, Osaka, Kobe.

Services

ONE upgrades Israel Shuttle Service (ILX) with new Adriatic Israel Butterfly (AIB) loop

ONE will replace its current Israel Shuttle Service (ILX) with a new Adriatic Israel Butterfly (AIB) loop from August 2023. The existing ILX called at Damietta, Haifa, Ashdod, Damietta using the 1,118 teu MITO that will be transferred to the new AIB from 13 August 2023. The AIB will call at Damietta, Koper, Trieste, Venice, Ancona, Piraeus, Alexandra, Damietta, Haifa, Ashdod, Damietta. It will turn in 3 weeks using 3 ships of 1,000-1,200 teu.

Services

ONE and Unifeeder upgrades MIM/MJI service to Mozambique

ONE and Unifeeder (Feedertech) will upgrade their jointly operated Mozambique India Middle East (MIM)/Mozambique Jebel Ali India (MJI) service with the addition of a new call at Beira from 27 August 2023, and Nhava Sheva from 19 September 2023. The revised MIM/MJI port rotation will be Jebel Ali, Mundra, Nhava Sheva, Mombasa, Beira, Maputo, Jebel Ali. The service turns in 35 days and currently deploys 3 ships of 1,700-2,000 teu with departures every 7 to 14 days.

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