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In 2017, K Line, Nippon Yusen (NYK) and Mitsui O.S.K. Lines (MOL) announced that they would merge and jointly operate their global container shipping services as Ocean Network Express (ONE), in order to better compete against other global container shipping groups. ONE would merge all container shipping services of the three companies, as well ...
ONE was founded in 2016 as a joint venture between Nippon Yusen Kaisha (NYK), Mitsui O.S.K. Lines (MOL), and K Line. [4] The company was formed as part of a larger process of consolidation that was occurring in the container shipping industry at that time, affected by poor profits and surplus capacity. [5]
This is a list of the 30 largest container shipping companies as of March 2025, according to Alphaliner, ranked in order of the twenty-foot equivalent unit (TEU) capacity of their fleet. [1] In January 2022, MSC overtook Maersk for the container line with the largest shipping capacity for the first time since 1996. [2]
Sea freight transport by container ship. This list of freight ship companies is arranged by country. Companies listed own and/or operate bulk carriers, car carriers, container ships, Roll-on/roll-off (for freight), and tankers.
Soon after the shipping industry reorganization of 1964, in which Japanese shipping companies were restructured into six groups, world shipping moved toward containerization. Mitsui O.S.K. Lines, Ltd. (MOL), formed by the merger of OSK and MS, began container services on the California route, joining a space-charter consortium of four Japanese ...
Pacific International Lines (PIL) is a Singaporean shipping company incorporated in Singapore on 16 March 1967. [1] It was founded by Singaporean entrepreneur Chang Yun Chung , who was the world's oldest billionaire [ 2 ] until he died at 102 in September 2020.