FINANCIAL RESULTS FOR FY2022 3RD QUARTER

With changing cargo demands across global markets and an early lunar new year speed bump, the last calendar quarter of 2022 witnessed much weaker cargo demand when compared with the same quarter in 2021. At ONE, we continue to press ahead in our network developments and sustainability measures, enhancing our digital services and improving our operation excellence with our acquisition of 3 container terminals in the US West Coast. We updated the “ONE INITIATIVE” at the end of FY 2022 Q3.

Transatlantic Trade – AL6 Service – Vessel Maintenance Scheme (VMS)

Long-term partners Freightliner, a subsidiary of Genesee & Wyoming Inc. (G&W), and Ocean Network Express (ONE) have agreed to realise their commitment towards a greener future launching their first-ever rail solution supported by GD+ fuel in the United Kingdom.

Transatlantic Trade – AL4 Service – Vessel Maintenance Scheme (VMS)

Intra-Europe Trade – NEX Service
Change of UK calling port from Southampton to Felixstowe and
change of Alexandria, Egypt terminal from El Dekheila to TMT terminal.

SRX Service Update – M/V MOL Proficiency v.225S

Transatlantic Trade – AL5 Service – Vessel Maintenance Scheme (VMS)

Ocean Network Express (ONE) is pleased to announce that we will launch 3 new Southeast Asia to Australia Services. These services will be a direct replacement of our existing services in order to improve service reliability. ONE will continue to deploy our vessels on the services, which are expected to start from early March, subject to regulatory approvals.

SRX Service Update – M/V MOL Presence v.230S – M/V Santa Cruz v.230S