Further to our Customer Advisory dated December 23, 2020, we would like to inform you that the discharging operations of the remaining containers have been proceeding steadily. Since the first day of container discharging at Kobe, a total of 126 boxes have been safely discharged as of December 29, 2020.

Thank you for your continued support and choosing Ocean Network Express (“ONE”) to cater to
your needs.

We are glad to inform, with a jointly effort among all parties, Tianjin/Xinggang terminal is back to
normal operation.

Ocean Network Express Pte. Ltd. has signed a Letter of Intent (LoI) with Shoei Kisen Kaisha, Ltd. for the 15-year long-term charter of six new Ultra Large Container Ships (ULCS) with capacity greater than 24,000 TEU each, the world's largest class ever.

Further to our Customer Advisory dated December 11, 2020, we would like to inform
you that the discharging operations of the remaining containers have been proceeding
steadily and 50 units have been safely discharged as of December 22.

Considering the recent COVID-19 cases are found in Dalian, unforeseen delayed can be expected
due to the needful inspections and disinfection requirements for reefers imports to Dalian. Equipment
is globally tight, and turnover will be subsequently prolonged with the action taken.

The members of THE Alliance have adjusted their current network to offer customers greater capacity on trade lanes for which there is greater demand.

ONE ECOMMERCE ANNOUNCEMENT – LOGIN PAGE

The BREXIT transition period will end at 23:00 GMT December 31, 2020.

Ocean Network Express is to enhance weekly services between Middle East, Indian Subcontinent and Europe effective from January 2021 to deliver a more efficient and comprehensive service network.