Message from Management

Dear Stakeholders,

It is with great pleasure that we present ONE’s eighth annual sustainability report. From day one, our mission has been to grow as a sustainable, profitable, and resilient organisation, built on trust and excellence in service delivery. We remain deeply committed to sustainability and take pride in the progress we make year on year.

The past year has been a defining one for the shipping industry and for ONE. Despite challenges posed by geopolitical uncertainty and economic volatility, momentum toward decarbonisation accelerated, driven by evolving IMO and EU regulations. These developments validate the course we have set in our ONE 2030 Vision and Corporate Plan, where sustainability is not an add-on, but a core business imperative.

Accelerating decarbonisation towards Net Zero

With the IMO’s new Net-Zero Framework setting binding limits and fuel standards, ONE continues to invest responsibly in future-ready ships, systems, and terminals. We have prioritised dual-fuel vessels, operational efficiency enhancements like bow windshields, and digital routing tools that reduce fuel use and enhance voyage safety.

In support of our customers’ climate goals, we launched ONE LEAF+, our flagship green shipping solution, which uses low-emission fuels and third-party verified carbon reduction certificates to support Scope 3 emissions tracking.

Retrofitting our existing fleet remains a focus, with energy-saving devices and exploration of alternative fuel technologies like ammonia-ready vessels. These initiatives are part of our broader commitment to raise the bar for environmental standards in the industry.

Operating Safely and Responsibly

Sustainability extends beyond emissions to include safety, security, and quality. We continue to invest in digital innovation to enhance cargo safety and reduce risks. Our Global Ocean Routing Advisory team uses AI-driven weather analysis to optimise voyages, and we have adopted recommendations from the Maritime Research Institute Netherlands container safety study to reduce container loss.

Empowering Our People

Our achievements are made possible by our talented and dedicated global workforce. We are building a values-driven culture that attracts and nurtures the next generation of maritime leaders. This includes investment in career development, leadership pathways, and sustainability-aligned skills.

In 2024, ONE was named one of Singapore’s Best Employers by The Straits Times. We also signed an MOU with the Singapore Maritime Foundation to support scholarships and internships, reinforcing our role in shaping the future of the maritime industry.

Collaborating for Collective Impact

We recognise that no one can solve maritime challenges alone. Through active participation in global platforms such as the World Shipping Council and Global Centre for Maritime Decarbonisation, we contribute to pilots and initiatives on fuel standards, operational best practices, and climate innovation.

We also launched ONESEA Solutions Pte Ltd., our ship management joint venture with SEASPAN CORPORATION. This new platform integrates technical oversight, crewing excellence, and safety management, laying the foundation for long-term operational and sustainability performance.

Looking Ahead

While safety remains our top priority, we are equally focused on accelerating decarbonisation. Our path forward lies in the trio of smart ships, smart operations, and smart people. This means designing the most efficient vessels, using live data to support real-time voyage optimisation, and empowering our people with the tools and skills to lead the transition, anchored in strong governance. As we navigate future challenges, we are encouraged by the collective momentum across the maritime sector. At ONE, we will continue to harness innovation and collaboration to deliver on our purpose - minimising harm, creating value for people and the planet, and leading with integrity in the journey toward sustainable shipping. I am grateful for your continued trust and support, and look forward to advancing the next phase of our sustainability journey together.

Sincerely,