Ocean Network Express (ONE) Achieves Unprecedented Growth in Intra-European Service Capacity and Market Share

[12^th March 2025] - Ocean Network Express (ONE), one of the leading global container
shipping lines, has made remarkable progress through its targeted investment in intra-
European services, achieving the highest capacity and market share growth of any
carrier over the past 12 months, according to the latest data from Alphaliner, the industry's
most respected source for analytics. This success is a direct result of ONE’s strategic focus
on delivering localised services through its robust regional network, positioning the company
as a leader in intra-European connectivity.

ONE’s growth in Europe is firmly supported by its regional headquarters overseeing
operations across Europe and Africa (ONE Europe). This localised presence plays a key role
in understanding the unique demands of these vital markets and tailoring solutions that meet
the specific needs of customers. By ensuring that services are responsive, flexible and
highly relevant to the regions they serve, ONE has been able to achieve unprecedented
market share growth.

According to Alphaliner who is renowned for its deep analysis of container shipping industry
trends and data, ONE’s market share growth in intra-European services has been
outstanding. In the past year, the company increased its market share from just 1% (11,500
TEU) to 2.6% (over 30,000 TEU). ONE has emerged as a clear leader, recording the
highest market share growth of any carrier.

In just one year, the global carrier has more than doubled its fleet size in the region,
deploying 17 container ships, up from 8. Along with this expansion, ONE has increased its
average vessel size by more than 350 TEU, from 1,450 TEU to 1,809 TEU, further
reinforcing its commitment to providing high-capacity and efficient services to customers.

“ONE’s rapid expansion and significant market share growth are a testament to both our
strategic investments in the intra-European market and the strong support and commitment
of all our stakeholders,” said Dan Miura, General Manager, Product Development & Intra-
Europe Trade, Ocean Network Express (Europe) Ltd. “By enhancing our fleet, launching
new services and forming strategic partnerships, we continue to strengthen our position as a
leading carrier in Europe. We are committed to meeting the demands of our customers and
driving further growth in this vital region.”

ONE will continue its investment in its intra-Europe services to meet customer needs,
expanding its network with the launch of new routes and capacity increases over the coming
years.

About Ocean Network Express (Europe) Ltd.

Launched on April 1, 2018, Ocean Network Express (Europe) Ltd. is the regional
headquarters and a subsidiary of Ocean Network Express (ONE), headquartered in
Singapore.

About Ocean Network Express (ONE)

Ocean Network Express (ONE), headquartered in Singapore, is one of the worlds leading
liner shipping companies. It operates a fleet of over 230 vessels with a capacity exceeding
1.8 million TEUs. Through its extensive global network, ONE provides reliable container
shipping services to over 120 countries.

The company was established by integrating the container shipping businesses of Kawasaki
Kisen Kaisha (K LINE), Mitsui O.S.K. Lines (MOL), and Nippon Yusen Kaisha (NYK).

For more information, please visit www.one-line.com

For interviews or further information, please contact: [email protected]