ONE unable to make FY2021 forecast amid Covid uncertainties

Ocean Network Express (ONE) said that with vaccinations being rolled out across the globe the market conditions brought on by Covid-19 should ease, but the effect of virus mutations could yet destabilise the global economy again making forecasts for the year difficult.

The line’s comments accompanied the carrier’s 2020 full year results which showed a record profit of US$3.48 billion, an increase of US$3.38 billion from FY2019’s full year results.

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