Ocean Network Express Reports US$55 Million Profit Despite Subdued Cargo Demand in FY2025
• Ocean Network Express (ONE) posted a US$55 million profit in the fourth quarter of FY2025 as freight rates recovered, though overall cargo movements remained sluggish throughout the year. • The container shipping company faced persistent headwinds from weak cargo demand in 2025, signaling continued challenges in the global freight market. • Industry observers view ONE's modest profitability as reflective of broader shipping sector weakness, with market recovery dependent on improved global trade volumes.
hellenicshippingnews.com
