ONE (Ocean Network Express)

Singapore-flagged carrier with the highest chartered share in the top six

Overview

ONE (Ocean Network Express) operates 273 container ships with a combined capacity of 2,214,885 TEU (twenty-foot equivalent units), 6.4% of the world liner fleet, according to the Alphaliner Top 100.[1] Of that capacity, 1,073,952 TEU on 114 ships is owned and 1,140,933 TEU on 159 ships is chartered in, so chartered tonnage accounts for 51.5% of its fleet.[1] Its orderbook of 647,000 TEU on 55 ships equals 29% of its current capacity.[1] ONE charters in more of its fleet than any other carrier in the top six: 51.5% of its capacity is chartered.[1] Its orderbook of 647,000 TEU is the sixth-largest in the ranking.[1]

ONE (Ocean Network Express) strengths and limitations

Strengths

  • Sixth-largest fleet
  • Orderbook of 647,000 TEU
  • Moderate orderbook

Limitations

  • Highest chartered share in the top six
  • Not in Forbes's ranking as a separate company
  • Smaller than Hapag-Lloyd

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ONE (Ocean Network Express) peers and competitors

Companies ranked in the same lists as ONE (Ocean Network Express).

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