In the third quarter of this year, the Singaporean ships Ocean Network Express (ONE) carried a record volume of containerized cargoes which amounted to 3.40 million TEU, with an increase of +2.2% over the same period in 2025. On the routes between Asia and North America alone, 1.03 were carried million TEUs (+12.9%), on Asia-Europe 778 thousand TEUs (+2.2%), On intra-Asian routes 749 thousand TEUs (-13.6%) and on other routes maritime world 834 thousand TEUs (+7.3%).

The company, which was born in 2017 from the merger of the containerized maritime transport activities of "K" Line, MOL and NYK, announced that in the Third quarter of 2026 Freight demand on routes has remained supported, favored by a relationship between the between inventories and sales in the US at historic lows and from substantial Import volumes of data center hardware and materials industrial sectors. ONE specified that port congestion in Asia and water scarcity in the Panama Canal have led to a further market restriction that caused the rise in freight rates. The company specified that on the Asia-Europe routes, the volumes remained stable, even if the traditional surge of shipments in view of the holidays of the Week in China has not occurred. At the same time, a greater capacity deployment and the gradual return of ships to the route that crosses the Suez Canal have loosened the dynamics between supply and demand, leading to a slight decrease in freight rates.

The sharp rise in the average value of freight rates, which in the period July-September 2026 was 1,709 dollars/TEU (+36.5%), together with the volumes carried, drove the growth of +40.8% in quarterly revenues which amounted to 6.27 billion dollars. The value of EBITDA is result of 1.99 billion (+125.7%), that of operating profit of 1.36 billion (+381.6%) and the value of quarterly net profit of $1.32 billion (+362.5%).

ONE raised its full-year close-end forecast 2026 tax bill, which will end on March 31, 2027. Currently annual revenues of $21 billion are expected compared to to the previous forecast of 19.4 billion. In addition, EBITDA, EBIT and net profit of €4.7 billion, €2.2 billion, respectively billion and 2.0 billion dollars against the previous forecast of 3.6 billion, 1.1 billion and 900 million.