FINANCIAL RESULTS FOR FY2023 1st QUARTER

Singapore, 31 July 2023 - Ocean Network Express (ONE) is pleased to release the latest “ONE INITIATIVES” at the end of FY2023 Q1.

Singapore, 28th July 2023 - Ocean Network Express Pte. Ltd. (ONE) is excited to announce FLX, a new service connecting the West Coast of South America to the East Coast of North America (Florida). The service is set to launch in September 2023. With an emphasis on innovative and efficient transportation solutions, FLX caters to customers looking for reliable South American reefer container shipments.

Please find below the rotation for this new service connecting the Indian Ocean with North America (South Atlantic):
Port Qasim, PK -> Mundra, IN -> Nhava Sheva, US -> Charleston, US -> Savannah, US

MIM service add Beira and Nhava Sheva calls

Ocean Network Express (ONE) is pleased to announce the new Adriatic Israel Butterfly Loop
service (AIB). This unique feeder service connects Adriatic, Israel, Egypt and Greece
providing new gateway for customers within the Europe and Mediterranean region.

Please be advised that Ocean Network Express and THE Alliance have implemented a temporary service rotation extension on our PN service loops, in addition to the previous announcement dated 7/14.

Please be advised that the International Longshore and Warehouse Union (ILWU) Canada has removed the strike notice which they declared on July 19th 09:00 PT.

Please be advised that the International Longshore and Warehouse Union (ILWU) Canada resumed the strike affecting terminals in Vancouver and Prince Rupert on July 18th at 16:30 PT.

With this, the terminals closed and ongoing cargo operations and rail operations were suspended.

Ocean Network Express (“ONE”) is pleased to announce a newly launch service THX into ONE’s service network.