ONE INITIATIVES.

FINANCIAL RESULTS FOR FY2020 3RD QUARTER AND FULL YEAR FORECASTS FOR FY2020.

The members of THE Alliance will revise their Transatlantic Network for 2021 to offer customers a more stable network to cater for the growing market demand.

Further to our Customer Advisory dated January 8, 2021, we would like to inform you
that the discharging operations, inspection work and transloading of the discharged
damaged containers continue to proceed steadily. Since the first day of container
discharging at Kobe, a total of 277 boxes have been safely discharged as of January
13, 2021.

Ocean Network Express (ONE) is pleased to announce two new direct services from North Europe to the East Med-Levant and Marmara regions.

Further to our Customer Advisory dated December 31, 2020, we would like to inform
you that the discharging operations and inspection work have resumed on January 5,
2021 and continue to proceed steadily. Since the first day of container discharging at
Kobe, a total of 212 boxes have been safely discharged as of January 7, 2021.

Further to our Customer Advisory dated December 23, 2020, we would like to inform you that the discharging operations of the remaining containers have been proceeding steadily. Since the first day of container discharging at Kobe, a total of 126 boxes have been safely discharged as of December 29, 2020.

Thank you for your continued support and choosing Ocean Network Express (“ONE”) to cater to
your needs.

We are glad to inform, with a jointly effort among all parties, Tianjin/Xinggang terminal is back to
normal operation.

Ocean Network Express Pte. Ltd. has signed a Letter of Intent (LoI) with Shoei Kisen Kaisha, Ltd. for the 15-year long-term charter of six new Ultra Large Container Ships (ULCS) with capacity greater than 24,000 TEU each, the world's largest class ever.