Maritimetekers

ONE reported a profit of $338 million in FY2025 on $16.62 billion in revenue.

Shipping Lines

ONE said that a revised leadership structure and service enhancements would underpin efforts to stabilise performance

Ocean Network Express (ONE) reported FY2025 net profit of $338m. Its revenue was $16.62bn. Volatility in the fourth quarter weighed on earnings. According to Ocean Network Express. press - release

Fourth-quarter revenue reached $4.04 billion, concluding a financial year characterised by fluctuations in market conditions and pressure on liner returns. Heading into FY2026, the company identified a 'complex and volatile global environment', maintaining focus on operational security and cargo integrity while shifting to a leaner and more agile operating model.

ONE said that a revised leadership structure and service enhancements would underpin efforts to stabilise performance and sustain network reliability in the new financial year.

Jeremy Nixon, CEO of Ocean Network Express, says, "We are pleased to report a profit of $4,244 million for FY2024—an achievement realized despite ongoing geopolitical tensions and regional economic uncertainties. Through our participation in the newly established The Premier Alliance, launched in February, along with various other service partnerships, we have further expanded our global network and enhanced our service offerings to better meet customers’ evolving needs. We remain fully committed to delivering strong, reliable, and highly dependable end-to-end direct port container services to our valued customers”.

The financial results for FY2024 can be downloaded here.

(Unit: Million US$)

	Full Year Results		Year on Year
	FY2023	FY2024	Change	Change (%)
Revenue	14,536	19,233	4,697	32%
EBITDA	2,044	5,966	3,922	192%
EBIT	392	3,804	3,412	871%
Profit/Loss	974	4,244	3,270	336%

About Ocean Network Express (ONE)

Ocean Network Express (ONE), headquartered in Singapore, is one of the world’s leading liner shipping companies. It operates a fleet of over 260 vessels with a capacity exceeding 2 million TEUs. Through its extensive global network, ONE provides reliable container shipping services to over 120 countries.

#ONE #Singapore #Jeremy Nixon # FY2025 #Fourth-quarter revenue #Premier Alliance,