ONE to have Strong Commitment to Indian Market : Masaki Osawa, Managing Director - India, ONE

Posted by Daily Shipping Times on 09-04-2018        Tweet

Mr. Masaki Osawa, Managing Director - India, Ocean Express Network (ONE) in an Exclusive interview with Daily Shipping Times.

MUMBAI/SINGAPORE: Ocean Network Express Pte. Ltd. ( hereinafter referred to as "ONE" ) recently announced the commencement of Container Shipping businesses on April 1, 2018. ONE is the result of an integration of the Container Operations of three Japanese shipping carriers, namely, Kawasaki Kisen Kaisha, Ltd ("K" Line), Mitsui O.S.K. Lines, Ltd (MOL), and Nippon Yusen Kabushiki Kaisha (NYK). The company seeks to meet customers’ needs by providing high-quality, competitive container shipping services with the consolidation and enhancement of the three companies’ global network and service structures. The integration lets ONE to incorporate best practices from the three companies and to take advantage of their combined 1,440,000 TEU fleet size.

Supported by a worldwide high level, globally-connected organization, it offers 85 service loops and a comprehensive network linking more than 200 of the world’s Major Ports.

Mr. Masaki Osawa, Managing Director - India, Ocean Express Network (ONE) in an Exclusive interview with Daily Shipping Times.

ONE, formed in 2017 by integrating "K" Line, MOL & NYK has rolled out its services from April onwards.

How has been the integration process so far for these three shipping giants into ONE network?

The Journey was quite challenging to the extent that each legacy company was having different practices. In order to offer best and reliable services to valuable our customers we adopted best practices from each legacy company and built a very strong workforce. We are ready to go ahead. The announcement of all our services to each of our valuable customers, integration to one global management system, and the strong commitment of our employees all over the world to our new company’s future are some of the take away of this integration.

ONE is positioning itself as being “large enough to survive, but still small enough to care.” In this context, how does ONE plan to differentiate its offerings vis-a-vis other Global Shipping Alliances to win customers?

We have a very strong DNA from three legacy companies, which are customer focussed, service oriented and providing high quality service. We assure to hear our customers’ voices and respond to their needs in a timely and courteous manner.

How many ONE services connect India? Could you elaborate? What would be its advantages for the Indian trade?

We have 12 direct call services with major base ports as well as developing ports across India. We offer services from India to all other regions around the globe,directly and also indirectly via hub ports. This is ONE’s strong commitment to Indian market.

ONE has recently announced new services between Indian Ocean, Middle East and Europe from beginning of April? Do you foresee any other new offering in near term connecting India with other regions globally?

We cannot say anything more at this moment, but we have so many ideas of new offerings. Our very important role is to work together with our Global & Regional Head Quarters closely on these ideas, providing insight on the requirements of the Indian market and our customers.

How do you see the growth potential for Containerized cargo in India?

As you know well, historically India was a highly Import dominant Country, and carriers were struggling to tackle the imbalance between Import & Export as well as the NorthWestern region and South Eastern region. But now export cargo growth is outstanding especially to Europe and US, ME & Africa. As a result, the imbalance of Import and Export is much more manageable in terms of container volume. That’s very good trade environment for carriers.

Do you see more consolidation happening in Container liner shipping through mergers and acquisitions or do you feel there is no scope for any further major consolidation?

I cannot comment on what may happen going forward, but we will single-mindedly focus on continuity of high quality service from three legacy companies and sustainability of the new company right from this moment.

There is a view among shippers that consolidation limits their choice. What is your take on this? How will such mergers and acquisitions impact freight rates in the segment?

While I may agree to your comment, but I believe it will contribute to stabilization of ocean freight market without huge up and down fluctuation.

Where do you see ONE in a year’s time?

Our goal of the first year is to continue to have even closer and stronger relationships with our valuable customers than before, and to establish a rock solid corporate infrastructure. We have 370 employees across 17 offices in Pan India. This is not a small company