Ocean Network Express (ONE) has reported its financial results for the third quarter of FY2025, covering the period from October to December 2025.
The carrier posted revenue of $4.07 billion for the quarter and recorded a net loss of $88 million.
Jeremy Nixon, CEO of Ocean Network Express, says, “Our 3Q FY2025 results reflect a challenging operating environment as we continue to navigate the complexities of the current global landscape.
“Although market dynamics have impacted our performance during the quarter, we remain focused on disciplined capacity management, cost control, and ongoing network optimisation to enhance operational resilience. By leveraging strategic partnerships, we reinforce a reliable service network to better serve our customers.”
Recently, ONE revamped its Spain Türkiye 2 (ST2) service and introduced two new Mediterranean services, Aegean Spain 1 (AS1) and Alexandria Spain 2 (AS2), enhancing connectivity and reliability for shippers.