In consideration of the present market situation, THE Alliance will make changes to the Asia to Transpacific-West Coast Network by temporarily suspending the PS5 service and enhancing the existing PS3, PS6, and PS7 service as of August and until further notice.

Singapore, 5 July 2023 – Ocean Network Express (ONE), a world leader in container shipping, is pleased to announce it will host the 2nd Container Shipping Summit in Singapore on 3 August 2023, in collaboration with Anchor Ship Partners Co.,Ltd., and KOZO KEIKAKU ENGINEERING INC. The summit will bring together industry experts, academic leaders, and government representatives to discuss the pressing challenges facing the container shipping industry, and to work towards a brighter future for global supply chains and communities. 

Ocean Network Express (“ONE”) is pleased to announce the release of our Sustainability Report 2023.

Singapore, 20 June 2023 – At the opening of the 5th Asia Pacific Coral Reef Symposium, organized by the National University of Singapore (NUS) and supported by National Parks Board (NParks), NParks announced a new series of partnerships and projects to support marine conservation in Singapore.

Singapore, 15 June 2023 – Ocean Network Express (“ONE”) announces its plans to install telematic devices on its reefer box fleet, marking a significant milestone in its digitalization strategy.

Singapore, 9 June 2023 – Ocean Network Express (ONE) celebrated its 5th anniversary at its ONE Green office in Singapore on 7 June.

5 June 2023 - Kure in Hiroshima, Japan - Ocean Network Express (ONE) is pleased to announce that “ONE INNOVATION”, the company’s first ever 24,000-TEU Megamax, was successfully delivered at Kure Shipyard of Japan Marine United Corporation on 2 June 2023.

Ocean Network Express Pte Ltd. (ONE) is proud to announce our sponsorship of the Penguin Cove in Bird Paradise, Singapore’s new bird park by the Mandai Wildlife Group.

FINANCIAL RESULTS FOR FY2022 4TH QUARTER

The ensuing COVID 2022 recovery cycle has brought strong inventory ramp-up for consumer merchandise at destination, leading to an over-correction, with recent sales and inventory levels moving adversely across the global markets. This has resulted in weaker demand in the first calendar quarter of 2023 as compared to that of previous two years'. At ONE, we continue to prudently manage our balance sheet and make strategic investments such as our own evolving decarbonization strategy and upgrading and enhancing our global customer service levels through our new Service Cloud system. We updated the “ONE INITIATIVES” at the end of FY 2022 Q4.