Ocean Network Express (ONE), the container line joint venture between NYK, Mitsui OSK Lines, and K Line, marked its first birthday on Monday.
Fire damaged containers from the Yantian Express have been unloaded, but it remains unclear where the remaining undamaged cargo will be unloaded.
Thailand’s Regional Container Lines (RCL) is revamping and restructuring a number of services with its partners.
K Line is taking a JPY50bn ($448m) hit on the cancellation of charter contracts for bulkers and containerships.
The fire-hit Yantian Express containership has arrived at Port of Freeport, Bahamas and berthed on 4 February, going through fire inspection and decontamination.
In 2018 the value of the Greek fleet increased by over $5bn to break the $100bn milestone, ensuring Greek shipowners continue to run not only the world largest fleet but also the most valuable.
Hutchison Ports in Thailand is gearing up to handling larger vessels on the mainline east – west trades as it officially starts operations at its $600m Terminal D in Laem Chabang.
General Average has been declared on the Hapag-Lloyd containership Yantian Express which suffered a container fire on 3 January.