ONE, Seaspan carry out boxship fire drill

ONE, Seaspan carry out crisis management drill

Ocean Network Express (ONE) and Seaspan Corporation have successfully concluded their second joint crisis management drill.

The simulation tested the emergency response procedures of both companies and focused on post-pandemic hybrid work models and how they affect inter and intra-organisational workflow.

The drill involved over 70 participants from ONE’s Global Headquarters in Singapore, regional headquarters in Richmond, USA, and Seaspan’s Principal Operations Management office in Vancouver, Canada. The simulated scenario involved a fire on board a container ship during outbound passage from Vancouver, Canada.

READ: ONE consortium takeover talks with Seaspan owner progress

According to Hiroki Tsujii, Managing Director at ONE, the drill served as a litmus test for their emergency procedures and overall ability to communicate with the media, members of the public, and relevant stakeholders during a crisis.

Tsujii emphasized the importance of drawing valuable lessons from the drill and strengthening their ability to respond to the evolving risks the industry faces.

Such joint drills between companies in the shipping industry are crucial in ensuring that they can respond effectively to emergencies, as the industry faces many risks – including natural disasters, piracy, and cyberthreats.

ONE reported a significant drop in its Q3FY22 profits compared to the same period the year prior and to the previous quarter.

The company saw a net profit of $2.77 billion, down 50 per cent from the record $5.52 billion reported in Q2 FY22 and a 43 per cent drop compared to the same quarter in FY21.

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