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Three Japanese shipping lines form joint venture

The “Big Three” Shipping lines in Japan – Kawasaki Kisen Kaisha, Mitsui OSK Lines and Nippon Yusen Kabushiki Kaisha – have formed a joint venture called ONE (Ocean Network Express).

The combined operations of the three lines makes ONE the 6th largest in the world, with 240 vessels, including 31 super-large 20,000 TEU container ships, serving 90 countries around the world.  As with any joint venture, there have been many ‘growing pains’ for ONE to conquer in the initial stages of operation.

For more information, contact Debbie McGuire, Manager – Freight Solutions.

Quick Tip #48
Know what type of insurance is available – and what’s best for your business

An open policy is typically for companies that have a regular frequency of goods in transit.

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