Dear Valued ONE Customers,

Please be advised that effective February 27th, 2023, Ocean Network Express (ONE) will introduce an updated outbound demurrage calculation in the North America region (the US and Canada), matching with the ocean terminals’ Earliest Return Date (ERD) and ONE’s Rail Receipt Date (RRD).

Currently ONE has been applying the concept of the Demurrage Free Receiving Date (DFRD) for the outbound demurrage calculation to avoid factoring in the vessel schedule delay into the outbound demurrage calculation. Effective February 27th, 2023, ONE will implement an updated logic consistent with ERD from the ocean terminals.

We have received the information below from Union Pacific (UP). “Be advised that due to a main line service disruption near Santa Rosa, NM, Union Pacific (UP) will temporarily suspend service between the ports of LA/Long Beach and Council Bluffs, Kansas City, Chicago (Global 4) and Chicago interchange to eastern carriers (Ohio valley)”.

Effective 12:00 local time Tuesday, January 24th, 2023, temporary ingate suspensions will go into effect for the following lanes:

We have received the information below from Union Pacific (UP). “Be advised that due to a main line service disruption near Santa Rosa, NM, Union Pacific (UP) will temporarily suspend service between the ports of LA/Long Beach and Council Bluffs, Kansas City, Chicago (Global 4) and Chicago interchange to eastern carriers (Ohio valley)”.

Effective 12:00 local time Tuesday, January 24th, 2023, temporary ingate suspensions will go into effect for the following lanes:

Ocean Network Express (ONE) is pleased to announce that we will launch 3 new Southeast Asia to Australia Services. These services will be a direct replacement of our existing services in order to improve service reliability. ONE will continue to deploy our vessels on the services, which are expected to start from early March, subject to regulatory approvals.

In order to continuously provide reliable service and best prevention efforts, Ocean Network
Express (ONE) will implement a surcharge, Compensation for Breach of Agreement (CBA),
for all shipments being misstated. The new level will be applicable across all trade lanes and
services and will be valid until further notice.

Ocean Network Express (ONE) is pleased to announce that the Maputo/Mombasa India Middle East service (MIM) will increase its sailing frequency from fortnightly to weekly in January 2023. In line with this change, ONE will be deploying our vessels to the MIM service.

Ocean Network Express (ONE) is pleased to announce details of the new Altiplano Service (ATS). Connecting Arica and Iquique (Chile) from Callao (Peru), the new ATS service offers extended Northern Chilean coverage.

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.