In the second quarter of fiscal 2025, a period that is ended on 30 September, the financial results of the Singaporean container shipping company Ocean Network Express (ONE) recorded a marked deterioration following of the sharp reduction in the value of maritime freight rates, whose indices - announced today - marked a decline -32% on Asia-North America routes and a decline of -44% on Asia-Europe routes.

In the period July-September of this year, the company total revenues of $4.46 billion, down -24% over the same period in 2024. Ebitda is profit of €881 million (-63%), operating profit of €282 million (-85%) and net income at $285 million (-86%).

In the quarter, ONE's fleet transported cargo containerized for a total of over 3.3 million TEUs (+1%).

The company announced that the current closure forecasts of the entire 2025 annual fiscal year show revenues of $16.5 billion vs. previous forecast of $17.1 billion billion and $19.2 billion in revenues recorded in the 2024 financial year. In addition, EBITDA values are expected, EBIT and net profit of €2.6 billion, respectively, 250 million and 310 million against the previous forecasts of 2.6 billion, 400 million and 700 million dollars and against 6.0 billion, $3.8 billion and $4.2 billion achieved in 2024.