October 19, 2020 – As container shipping’s rollercoaster year continues a steep climb, Jeremy Nixon, CEO of Ocean Network Express (ONE), has declared: “We’re sold out.” “We are now in October, and it’s unbelievable,” Mr. Nixon said. “We’re sold out – the ships are 100% full, the containers are 100% full, you can’t get a container and you can’t pick up a ship from the spot market. The whole container shipping cycle is working at absolute full pelt, and our job is trying to keep the network going.” And fresh operational hurdles are emerging at numerous port congestion hotspots, he added.