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ONE INITIATIVES Q2 FY2023
Singapore, 31 October 2023 - 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 a number of 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 east coast of South America and Europe, Intra-Asia.
The ONE INITIATIVES FY2023 Q2 can be downloaded here.