ONE operates the combined container fleets and containerized cargo businesses of MOL, "K" Line and NYK. It faced significant difficulties early this year as it attempted to integrate the three lines' organizations and booking systems. Utilization of ONE's combined fleet was just 73 percent in the first quarter of operation, due what was described as "clumsy services in the initial stage" of its launch.
According to maritime-executive.com, ONE claims that its difficulties with bookings are now over, and it is "working earnestly to restore the trust of customers." However, liftings have not yet fully recovered, fuel prices are up, and ONE says that it does not expect to offset higher bunker costs, leading to a downward revision of the year's outlook.
