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ONE invests in 14,000 new reefer containers

Ocean Network Express (ONE) is gearing up for the high season, investing in its reefer business segment with a new order of 14,000 state of the art, advanced generation refrigerated containers, comprising 13,000 feu and 1,000 teu.

Vincent Wee, Hong Kong and South East Asia Correspondent

August 21, 2018

2 Min Read
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Of these containers, 2,100 units will be equipped with the latest Controlled Atmosphere (CA) technology, which further enhances the effective shelf life of fruits and vegetables by significantly slowing down produce respiration and ripening rates, maximising cargo value on delivery. The new refrigerated containers are being delivered and integrated into the existing ONE fleet starting from end July on wards; just in time to capture peak season reefer demand from the Southern Hemisphere markets, ONE said in a press release.

ONE ceo Jeremy Nixon said: “ONE has one of the largest and youngest reefer fleets in the world, equipped with the most advanced technologies designed to handle perishable cargo demand. With this new investment, ONE will be able to further broaden its market position whilst investing in the latest technologies to meet future customers demand. As one of the top reefer carriers in the world, we will continue to strive in order to find new and innovative solutions to enhance cargo care during transit thereby ensuring superior service value. The future journey of ONE in the reefer market will be an exciting one to follow.”

Read More: CIMC container production, sales more than double in first nine months

The integration of the new company from the top three Japanese lines has allowed ONE to inherit their combined fleet of reefer containers, elevating it to become one of the top three reefer carriers in the world, and also strengthened its market presence in major reefer markets such as North and South Americas, South Africa, Europe, the Mediterranean, Intra-Asia and Oceania.

The Global Reefer Business Planning team (GRBP) is  based at ONE’s headquarters in Singapore, and develops ONE’s global reefer marketing and business strategy through close monitoring of market demand and closely collaborating with the regional reefer steering desks located in different parts of the world. 

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About the Author

Vincent Wee

Hong Kong and South East Asia Correspondent

Vincent Wee is Seatrade's Hong Kong correspondent covering Hong Kong and South China while also making use of his Malay language skills to cover the Malaysia and Indonesia markets. He has gained a keen insight and extensive knowledge of the offshore oil and gas markets gleaned while covering major rig builders and offshore supply vessel providers.

Vincent has been a journalist for over 15 years, spending the bulk of his career with Singapore's biggest business daily the Business Times, and covering shipping and logistics since 2007. Prior to that he spent several years working for Brunei's main English language daily as well as various other trade publications.

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