Nixon steps down at ONE

Emirates ranks 20th among global carriers, with capacity of 116,000 TEUs.

To better position ONE for its next phase of growth, the company will transition to a new executive management team structure comprising the CEO and seven representatives from across all divisions. The team and six regional leaders will report to Barrelet.

“This expanded leadership structure will facilitate closer collaboration across a global matrix structure at ONE,” the company said, part of a planned leadership transition that will not impact customers and stakeholders.

“Jeremy’s contribution to Ocean Network Express has been extraordinary,” said Jotaro Tamura, board chairman of Ocean Network Express Holdings Ltd. “As our founding CEO, Jeremy has helped build ONE from the ground up, establishing our corporate culture and market position. We are deeply grateful for his strong leadership and vision in creating a resilient, financially strong company.”

Nixon said, “Leading ONE from Day One has been the defining chapter of my career. Together with an exceptional team, we have built something truly special. I am incredibly proud of what we have accomplished – navigating unprecedented challenges, investing in sustainable technology, and building a culture of service excellence. Now is the right time for new leadership, and I am very confident in Till’s ability to lead ONE forward.”

Said Barrelet, “I am honored to lead Ocean Network Express at this pivotal time. Jeremy has built a formidable legacy with a strong culture, talented team, and solid operational foundation. ONE is well-positioned to navigate industry headwinds with an increasingly modern fleet, financial strength, and proven capabilities.”

The change comes at a pivotal time for container shipping. A trade reset targeting China by the Trump administration is redefining commercial connections among nations and the logistics networks serving those relationships. Carriers are settling into a new normal defined by jagged economic and geopolitical changes following the runout of the post-pandemic surge. 

Existential questions of whether the business can turn a regular profit have returned, which is already forcing structural change. Hapag-Lloyd earlier  this month acquired Zim of Israel in a merger of top 10 lines, a move that is expected to set off further consolidation. It’s an open question, observers say, which companies outside of the top five will have the cash to survive as independent entities. 

Read more articles by Stuart Chirls here.

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