FINANCIAL RESULTS FOR FY2022 1ST QUARTER

Global uncertainties such as rising inflation, a surging US dollar, high fuel prices and the ongoing Russia-Ukraine conflict play significantly on the confidence of general consumers. In spite of these circumstances, at ONE, we continue to press ahead with our midterm and green strategy, putting customers and sustainability at the heart of what we do. We updated “ONE INITIATIVE” at the end of FY2022 Q1.

Ocean Network Express (“ONE”) is pleased to announce the release of our Sustainability Report 2022.

<25 July 2022, Singapore> Ocean Network Express (ONE) will launch a
customizable screen layout in our Mobile App.

This is to inform you on the delay of PS3 service vessel ONE COMPETENCE V.081W.

Due to heavy delays for intermodal rail deliveries of transpacific eastbound cargo via PSW ports, “change of destination” (COD) administrative charges will be waived when changing destination on bills of lading from an ”intermodal rail point” via Los Angeles, Long Beach, or Oakland (PSW) to local PSW ports.

Due to heavy delays for intermodal rail deliveries of transpacific eastbound cargo via PSW ports, “change of destination” (COD) administrative charges will be waived when changing destination on bills of lading from an ”intermodal rail point” via Los Angeles, Long Beach, or Oakland (PSW) to local PSW ports.

<6 July 2022, Singapore> Ocean Network Express (ONE) will enhance the homepage of Mobile App to have a centralized search that will be linked to different features of the Application for the Customer convenience.

Ocean Network Express (ONE) held a vibrant ceremony to mark the opening of its new ONE Green Office in Singapore today.