Ocean Network Express Pte. Ltd. together with the partners forming Poseidon Acquisition Corp. ("Poseidon") has jointly announced with Atlas Corp. ("Atlas") the closing of the previously announced transaction pursuant to which Poseidon has acquired all of the outstanding common stock of Atlas not already owned by the members of Poseidon.

It is with great pleasure to inform you that from the 1 st April 2023, Ocean Network Express
(ONE) will open their wholly owned office in Kenya: Ocean Network Express Kenya Ltd.

Ocean Network Express Pte. Ltd (ONE) held a "Container Shipping Summit" on March 16 at Dejima, located in Nagasaki of Japan, in cooperation with the Nagasaki City, Anchor Ship Partners Co.Ltd. and KOZO KEIKAKU ENGINEERING Inc.

ONE is pleased to announce ONE’s revamped service network from Singapore to
Yangon (“SMM”)

This new service SMM will consolidate the existing “YGX” and “TMM” services and will
provide twice weekly coverages from Singapore to Yangon, thereby giving customers
connections for Yangon imports and exports via its transshipment hubs in Singapore to
cater for rising demand.

Port Rotation : Singapore – Yangon (MIP) – Singapore – Yangon (AWPT) - Singapore
Frequency : Weekly

The first sailing will commence as follows.
MIP Loop : M/V SINAR BANDA 281N with ETA Singapore 4 April
AWPT Loop : M/V ALS SUMIRE 1688N with ETA Singapore 16 April

ONE is pleased to announce ONE’s revamped service network from Singapore to
South Philippines (“PH3”). This upgraded service “PH3” will merge ONE’s existing
“SPE” & “PH2” services

Port Rotation : Singapore – Davao – General Santos - Singapore
Frequency : Weekly

The first sailing will commence with the M/V KOTA NANHAI 0068N departing
Singapore on the 10th of April 2023.

Ocean Network Express Pte. Ltd (ONE) announces that it has ordered 10 large new container vessels with a carrying capacity of over 13,700 TEU to be delivered in 2025 and 2026.

Ocean Network Express (ONE) Pte.Ltd. will host a “Container Shipping Summit” on March 16 at Dejima, located in Nagasaki of Japan, in collaboration with Nagasaki City, Anchor Ship Partners Co.,Ltd., and KOZO KEIKAKU ENGINEERING Inc.

Ocean Network Express (“ONE”) is pleased to announce that ONE will launch a new service, connecting the UAE and Bahrain/Kuwait. This new Upper Gulf Service - “UGS” provides a quicker, efficient, and more stable connections from transhipment hub - Jebel Ali as the gateway of vast Arabian Peninsula.

Port Rotation :
Loop-A : Jebel Ali (JEA) – Bahrain (BAH) – Jebel Ali (JEA)
Loop-B : Jebel Ali (JEA) – Shuaiba (SAA) – Shuwaikh (SWK) – Jebel Ali (JEA)

Frequency :
Loop-A: Weekly
Loop-B : Rolling schedule (every 8-10days)

The first sailing details are as follows.
JEA to BAH: X-Press Nuptse V23009 with the eta JEA on 03-Mar-2023
JEA to SAA/SWK: Haian Mind V23006 with the eta JEA on 06-Mar-2023

Ocean Network Express (ONE) will release an improved Global Directory Module which will
be accessible directly via our Mobile App homepage.

Ocean Network Express (ONE) has contributed to humanitarian aid efforts in response to the earthquakes that hit southern Türkiye and northern Syria on 6 February 2023. ONE donated SGD 40,000 and USD 60,000 through the Singapore Red Cross and the Turkish Red Crescent Society respectively.