Ocean Network Express Reports Financial Results For Q2 FY2026

Singapore, 4 November 2026 – Ocean Network Express (ONE) today reported its financial results for the second quarter of FY2026, covering the period from 1 July to 30 September 2026.

During the quarter, ONE generated a revenue of US$6,274 million and recorded a net profit of US$1,318 million. This brings the total revenue for the first half of FY2026 to US$10,812 million, with net profit of US$1,348 million.

Till Ole Barrelet, CEO of Ocean Network Express, says, "The second quarter delivered a strong financial performance, contributing to a solid first half of FY2026. These results reflect our teams' success in growing cargo volumes and achieving higher utilization despite a challenging operating environment. Reflecting this positive momentum, we are pleased to further raise our full-year outlook to US$2,000 million. Looking ahead, we will adapt our network in response to evolving conditions, with safety remaining our top priority. We remain focused on advancing our ONE2030 strategy, building on our strong foundation to deliver long-term value to our customers and stakeholders.”

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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 280 vessels with a capacity exceeding 2.2 million TEUs. Through its extensive global network, ONE provides reliable container shipping services to over 120 countries. For more information, please visit www.one-line.com.