Notice of Surcharge Update - Customer Advisory of ETS OCT-DEC 2024

Notice of Surcharge Update

Dear Valued Customer,

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

Starting from January 1st, 2024, maritime transportation industry has been included in the scope of European Union Emission Trading System (hereinafter referred to as “EU ETS”). In relation to the announcement made on December 1st, 2023, ONE has reviewed and updated the EU ETS tariff, which will come into effect from July 1st, 2024. This will apply to all existing contracts and new contracts that have commenced on and after January 1st, 2024. The tariff shall be reviewed every quarterly; however, this is subject to change with prior notification.

We would like to take this opportunity to thank you for supporting ONE and look forward to continuously serving your global transportation needs.

Should you have any questions, please do not hesitate to contact your ONE representative.

Yours faithfully,
Ocean Network Express Pte. Ltd.