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Three services will have unique coverage of 14 direct ports through each product.

Ocean Alliance was the next most reliable carrier alliance followed by THE Alliance.

Transshipment service via Colombo would cater to the shipping needs of customers from East India and Bangladesh.

Of nine reporting carriers, eight reported an EBIT of over $1 billion, of which three reported EBIT of over $2 billion.

Ocean Network Express has increased its net profit guidance to $3.1 billion from $2.7 billion announced on July 31.

ONE, HMM and Yang Ming will continue to cooperate under Premier Alliance, effective for five years from February 2025.

Premier Alliance offers more than 80 direct port calls; announce slot exchange deal with MSC

ONE has more than doubled its profit forecast for FY22024 to $2.75 billion from the earlier estimate of $1 billion

LEAF+ stands for low emission-able freight; "+ " symbolises advancement ONE anticipates from decarbonising supply chain

Portchain Connect platform allows ONE to facilitate exchange of berthing data with terminals with greater frequency and heightened quality

Emphasis will be on quality end-to-end direct services with high schedule reliability: Jeremy Nixon, CEO, ONE

Sundeep Sibal has been appointed as Regional Director of West Asia Regional Headquarters