Ocean Network Express (“ONE”) is pleased to announce that ONE will launch a new weekly service “IGS”, connecting India to/from the UAE.

<Service details>
Port Rotation : Jebel Ali – Mundra – Hazira – Nhava Sheva – Jebel Ali
Frequency : Weekly

The first sailing will commence with the M/V GFS GISELLE 0064E arriving at Jebel Ali on the 8th December 2022.

The award ceremony for the ONE Marine Safety and Quality Campaign 2022 (August to September 2022) was held on November 24th, 2022, onboard the ONE Helsinki in Singapore.

Ocean Network Express is pleased to announce our new operating weekly service,
Philippines Express 2 (PHX2).

Port Rotation : Singapore – Manila(North) – Davao - Singapore
Frequency : Weekly
Deployment : 2 x 1,000 nominal TEU ships
First sailing : the M/V Contrivia 0027N/S departing Singapore on the 10th November
2022.

Ocean Network Express (“ONE”), together with partners forming Poseidon Acquisition Corp, has announced that they have entered into a definitive agreement with Atlas Corp(NYSE:ATCO), under which Poseidon will acquire Atlas in an all-cash transaction.

FINANCIAL RESULTS FOR FY2022 2ND QUARTER

The global economy continues to come under pressure from high energy costs, rising interest rates and inflation. Whilst supply chain bottlenecks continue to impact some geographies and industry sectors. Overall though, inland and port logistics fluidity continues to improve. At ONE, we continue to enhance our end to end customer journey, decarbonize our supply chain and reconnect face to face with our staff, customers and business partners as Covid 19 travel restrictions roll back.

Ocean Network Express (ONE) is pleased to announce the launch of the enhanced new ONE QUOTE, allowing for a seamless customer experience
when using ONE’s eCommerce website.

Ocean Network Express (“ONE”), together with partners the Consortium, have jointly proposed to acquire all the outstanding common shares of Atlas Corp(NYSE:ATCO) on Aug 4th. The consortium believes it has made meaningful progress in its discussions with the Special Committee of the Board of Directors of Atlas as announced by Poseidon Acquisition Corp, who is acting on behalf of the consortium.

The Government of Pakistan, Ministry of Commerce issued Office Memorandum in
connection with SRO 1562(I)/2022 dated 19th August, 2022, whereby the prohibition
(ban)/complete quantities restrictions imposed on the import of certain categories of
goods, vide SRO 598(I)/2022 dated 19th May, 2022, was withdrawn with immediate
effect.

Earlier this month, Ocean Network Express welcomed 4 interns from Kobe University, Japan. This is the first time ONE has accepted Japanese university students for a weeklong internship program.