FINANCIAL RESULTS FOR FY2023 2nd QUARTER

Singapore, 31 October 2023 - Ocean Network Express (ONE) is pleased to release the latest “ONE INITIATIVES” at the end of FY2023 Q2. 

We would like to inform you about the global approach for GHG emission reduction, overview of EU-ETS, and how it potentially impacts you.

Ocean Network Express (ONE) is pleased to announce the new Indian Ocean Mediterranean service (IOM). This new service connects India, Pakistan and the Middle East with the Mediterranean region and will provide customers with an enhanced service coverage for this region.

In reference to the advisory released on August 27, 2020 (E-CONDEP REFUND SUBMISSION ADVISORY) on the new online platform for Container Deposit Refund Request Submission and Processing. Below would be the updated process of submission request and payment advice.

This will guide our customers to submit the correct and complete documents. Request shall be automatically queued in our monitoring database for our personnel to process in a First IN – First OUT basis. Same as normal operations, we would be implementing a cut-off receiving time of 4:00PM from Monday to Thursday only (Strictly No Submission on Fridays, Weekends of Holidays). Any request after the 4PM cut-off would be treated as request for the following working day (if any).

In addition, please be advised that you will no longer receive emails regarding payment advice/notification on your container deposit refund from an Ocean Network Express Philippines, Inc. (ONE) personnel. Please refer to the emails sent by Hongkong Shanghai Banking Corporation (HSBC Advising Service). This will serve as the official notifications regarding your container deposit refund.

Following our advisory dated 16th October 2023 regarding the ongoing situation in Israel,
we would like to inform you about the commercial actions implemented by ONE in relation
to your shipment.

Ocean Network Express (ONE) is pleased to inform you that Philippines Express 2
(PHX2) rotation will be adjusted to the following.

New Port Rotation : Singapore – Cebu – Cagayan de Oro - Singapore
Frequency : Weekly

The new rotation will start from M/V Pira Bhum 0590N departing Singapore on the 13th
November 2023.

Singapore, 24 October 2023 – In consideration of the present market situation, THE Alliance will make changes to the Asia - North Europe Network by temporarily suspending FE5 service from week 46 and enhance the existing FE3 and FE4 service until further notice.

Singapore, 24 October 2023 – In consideration of the present market situation, THE Alliance will make changes to the Transpacific-East Coast Network by temporarily suspending EC4 service from week 46 and upgrade the existing EC1, EC2 and EC5 service until further notice.

Singapore, 23 October 2023 – Ocean Network Express (ONE) is accelerating its digitalisation efforts with the latest successful trial with Shell, with support from the Maritime and Port Authority of Singapore (MPA), for the adoption of the electronic Bunker Delivery Note (e-BDN).