News / Full ships in March for ONE, but April and May utilisation looks grim

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Japanese carrier ONE’s vessels from Asia to Europe sailed full last month, as bookings delayed by the extended Chinese New Year holiday were finally shipped out.

However, due to a collapse in demand via Covid-19 lockdown restrictions, ONE will be challenged to reach anywhere near maximum load factors in April and May, despite the high number of blanked sailings already announced.

At 128,000 teu, ONE’s March Asia-Europe headhaul liftings were some 6% below last year, when vessel utilisation hit 82%, suggesting there ...