ShippingWatch

ONE expects 2021 to be characterized by major uncertainty

Strong demand ensured solid progress and a billion-dollar profit for container line ONE in its staggered fiscal year 2020. The coronavirus pandemic is cause for great uncertainty about this year's outlook.

Photo: PR / Ocean Network Express

Container shipping company Ocean Network Express (ONE) is hesitant to announce its guidance for 2021, citing the continued uncertainty caused by the coronavirus pandemic.

The company makes the announcement during a presentation of the group's staggered fiscal report, in which strong demand in the container market results in a hefty billion-dollar profit of USD 3.5 billion on its bottom line.

Read the whole article

Get 14 days free access.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Esvagt strikes huge deal with Totalenergies

The French oil major expands its partnership with the Danish service carrier, which secures long-term contracts on eight vessels that will now deliver far more than safety solutions. The agreement is expected to create jobs for more than 160 seafarers.

Western Bulk aims for listing in third quarter

The strong dry bulk market is prompting Norway's Western Bulk to aim for a listing in the third quarter. The carrier projects that the market will strengthen in the second half of the year.

Further reading

Related articles

Trial banner

Latest news

See all jobs