Ocean Network Express Pte. Ltd. together with the partners forming Poseidon Acquisition Corp. ("Poseidon") has jointly announced with Atlas Corp. ("Atlas") the closing of the previously announced transaction pursuant to which Poseidon has acquired all of the outstanding common stock of Atlas not already owned by the members of Poseidon.

It is with great pleasure to inform you that from the 1 st April 2023, Ocean Network Express
(ONE) will open their wholly owned office in Kenya: Ocean Network Express Kenya Ltd.

Ocean Network Express Pte. Ltd (ONE) held a "Container Shipping Summit" on March 16 at Dejima, located in Nagasaki of Japan, in cooperation with the Nagasaki City, Anchor Ship Partners Co.Ltd. and KOZO KEIKAKU ENGINEERING Inc.

ONE is pleased to announce ONE’s revamped service network from Singapore to
Yangon (“SMM”)

This new service SMM will consolidate the existing “YGX” and “TMM” services and will
provide twice weekly coverages from Singapore to Yangon, thereby giving customers
connections for Yangon imports and exports via its transshipment hubs in Singapore to
cater for rising demand.

Port Rotation : Singapore – Yangon (MIP) – Singapore – Yangon (AWPT) - Singapore
Frequency : Weekly

The first sailing will commence as follows.
MIP Loop : M/V SINAR BANDA 281N with ETA Singapore 4 April
AWPT Loop : M/V ALS SUMIRE 1688N with ETA Singapore 16 April

ONE is pleased to announce ONE’s revamped service network from Singapore to
South Philippines (“PH3”). This upgraded service “PH3” will merge ONE’s existing
“SPE” & “PH2” services

Port Rotation : Singapore – Davao – General Santos - Singapore
Frequency : Weekly

The first sailing will commence with the M/V KOTA NANHAI 0068N departing
Singapore on the 10th of April 2023.

In order to continue to maximize loading of exports out of specific US Midwest terminals destined to the Port of Vancouver and Port of Prince Rupert, Canadian National (CN) will limit loading of all shipments moving in 40’ containers to a maximum of 52,000 lbs. Gross Cargo Weight (exclusive of container tare weight).

We are pleased to announce our Last Free Day and Demurrage and Detention calculator is now available on our Mobile App and Live Chat. Determining your last free day and estimating demurrage and detention charges has never been easier! At this time, the calculator is available
for import shipments only and final cost(s) will be determined and invoiced at completion of services.

Ocean Network Express Pte. Ltd (ONE) announces that it has ordered 10 large new container vessels with a carrying capacity of over 13,700 TEU to be delivered in 2025 and 2026.