ONE initiatives Q2 FY2023

Ocean Network Express (ONE) is pleased to release the latest “ONE INITIATIVES” at the end of FY2023 Q2.

The global economy continues to face headwinds as a result of high inflation, interest rates, and energy costs. Post the mid-autumn holidays in Asia, we have witnessed a slower recovery in booking demand on the Asia-Europe and Transpacific trades, whilst the intra-Asia and the Latin America trades seem more resilient.

To address such a situation, ONE is now making several structural network deployment changes with its consortium partners. At the same time, ONE has launched new services to respond to specific regional customer demand requirements, such as the route between the east coast of South America and Europe, Intra-Asia.