Ocean Network Express (ONE) has reported its financial results for the first quarter of its 2025 financial year (April-June). For the period, revenue was $4.049 billion, and net income was $86 million.
ONE CEO Jeremy Nixon noted that the company remains resilient amidst the volatile geopolitical and economic environment. Among the pressures, he highlighted uncertainty in key economies, port congestion, and supply chain challenges. In response, ONE is stepping up its cargo portfolio and route optimization, ensuring flexibility and high quality service to its customers.
Based in Singapore, ONE is one of the world’s leading container carriers, operating a fleet of more than 260 vessels with a combined capacity of over 2 million TEU.