Ocean Network Express (“ONE”) has signed definitive agreements to acquire a 51% stake in each of TraPac LLC (“TraPac”) and Yusen Terminals LLC (“YTI”), currently held by Mitsui O.S.K. Lines, Ltd. and Nippon Yusen Kabushiki Kaisha respectively. TraPac is a container terminal operator and vessel stevedore that provides container terminal services in Los Angeles and Oakland. YTI is a container terminal operator and vessel stevedore that provides container terminal services in Los Angeles.

Jordan Food & Drug Administration (JFDA) have recently announced new regulations related to the import of Titanium Dioxide or food items that contain Titanium Dioxide.

THE Alliance’s network has been reconfigured to ensure the most comprehensive port coverage to maximize the satisfaction of the member lines’ customers. The enhanced service setup will enter into effect from April 2023.

Jordan Food & Drug Administration (JFDA) have recently announced new regulations related to the import of Titanium Dioxide or food items that contain Titanium Dioxide. These decisions have been made based on a study conducted by the European Food Safety Authority (EFSA), Titanium Dioxide is an additive (E171) that is not considered safe for use in the food industry.

The following decisions announced by JFDA will be applicable effective 1st January 2023.

• Ban importing Titanium Dioxide or any food items containing Titanium Dioxide and JFDA will cancel all previously issued permits allowing the import of Titanium Dioxide.
• Ban the use of Titanium Dioxide in any food production processes in Jordan.
• Suspend the registration of special-use food items and food supplements for
athletes that contains this substance.

TradeLens Update

<5 December 2022, Singapore> Ocean Network Express (ONE) will launch our latest
eCommerce feature, Import Shipment Overview, that strives to deliver the following services
to our customers:
- Import shipment Dashboard - Information such as Arrival notice readiness, Payment &
Invoice availability, Manifest and Surrender information will be easily accessible from the dashboard.
- Simple and user-friendly design with 24/7 access to information
- Self-service: Print, Email and Chat services for ease of accessibility

<5 December 2022, Singapore> Ocean Network Express (ONE) will launch our latest
eCommerce feature, Import Shipment Overview, that strives to deliver the following services
to our customers:
- Import shipment Dashboard - Information such as Arrival notice readiness, Payment &
Invoice availability, Manifest and Surrender information will be easily accessible from the dashboard.
- Simple and user-friendly design with 24/7 access to information
- Self-service: Print, Email and Chat services for ease of accessibility