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Ocean Network Express to expand fleet, workforce in S’pore as shipping demand grows in Asia

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The move comes amid expectations of more demand for shipping services across Asia.

ONE has set aside some US$20 billion (S$27 billion) to invest in new ships, terminals and equipment.

PHOTO: OCEAN NETWORK EXPRESS/FACEBOOK

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SINGAPORE - Ocean Network Express (ONE) is investing in new ships and infrastructure and expanding its workforce in Singapore, where the container shipping line has set up its global headquarters despite being incorporated in Japan.

Over the next five years, ONE expects to increase its headcount in Singapore by 35 per cent to around 500.

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