Ocean Network Express (ONE) has announced a new feeder service between India, Sri Lanka and Singapore.
The port rotation will be as follows:
Hazira, India – Colombo, Sri Lanka – Singapore
The new feeder service will have a weekly frequency and will be effective from 10 September.
ONE logged a record first quarter of the financial year riding the wave of high freight rates, in spite of softening in demand.
In 1Q FY2022, the carrier registered profits of $5.49 billion, an increase of $2.94 billion from the same period last year.