ONE Reports $285M Quarterly Profit on Front-Loading, But Forecasts Second-Half Loss
Ocean Network Express (ONE) has navigated choppy waters in its second quarter of fiscal year 2025 (July-September), reporting a net profit of $285 million on
Mike Schuler is the Managing Editor of gCaptain, where he oversees daily news coverage on global shipping, maritime security, offshore energy, and industry policy. He is a key contributor to gCaptain’s editorial content, frequently writing about major maritime incidents, regulatory changes, and geopolitical developments affecting the shipping industry. Schuler has built a reputation for delivering timely and insightful maritime news, often breaking key stories that influence industry discussions. His reporting is recognized for its clarity, accuracy, and ability to distill complex maritime issues for a broad audience. You can reach him at [email protected] or follow him on X at @MikeSchuler.
Ocean Network Express (ONE) has navigated choppy waters in its second quarter of fiscal year 2025 (July-September), reporting a net profit of $285 million on
French shipping giant CMA CGM announced the registration of ten newbuild 24,000 TEU liquefied natural gas (LNG) dual-fuel containerships under the French flag,
National Maritime Center remains closed as government shutdown approaches record length The U.S. Coast Guard has extended merchant mariner credentials and
A chemical tanker was targeted in an attempted pirate attack approximately 330 nautical miles east of Mogadishu on November 3, with armed security personnel
A breakdown in bridge resource management and a critical distraction aboard the 333-meter containership Maersk Shekou led to its collision with the tall
Thirty new orders for alternative-fueled vessels were placed in October 2025, according to DNV’s Alternative Fuels Insight platform, signaling a recovery
Global marine insurance premiums reached $39.92 billion in 2024, representing a 1.5% increase over the previous year, according to the International Union of
The White House has confirmed that the United States will suspend for one year the implementation of responsive actions taken pursuant to the Section 301
DP World announced a $5 billion investment pledge for India’s infrastructure development at India Maritime Week 2025, building on three decades of
UN High Commissioner for Human Rights Volker Türk declared Friday that US military airstrikes on alleged drug smuggling boats in the Caribbean and Pacific
The U.S. Coast Guard announced Thursday it has referred a case to the Department of Justice for possible criminal prosecution following a July collision
The 12-month trade truce between the United States and China announced this week will not prevent ocean container freight rates from continuing their decline
A.P. Moller – Maersk announced a series of strategic initiatives to expand its operational footprint in India during India Maritime Week 2025, with plans
The United States and China have agreed to suspend retaliatory port fees on each other’s vessels for one year, marking a significant pause in a central
By Weilun Soon (Bloomberg) — An India-bound tanker filled with Russian crude reversed course and is now idling in the Baltic Sea, a sign of potential
The Drewry World Container Index increased 4% to $1,822 per 40-foot container this week, marking the third straight week of gains following a prolonged 17-week
President Trump announced on Wednesday that South Korea will construct a nuclear-powered submarine in Philadelphia as part of a $350 billion trade agreement
Newly imposed U.S. and EU sanctions targeting Russia and its oil giants Rosneft and Lukoil have yet to disrupt physical crude shipments from the country’s
The Coast Guard and Texas General Land Office are responding to an oil discharge near Galveston, Texas, following an incident that occurred Tuesday evening.
Senate Judiciary Committee Democrats led by Vermont Senator Peter Welch are demanding the Department of Justice hand over all legal opinions justifying
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