Global de minimis tax exemptions are vanishing. Learn how cross-border e-commerce is shifting to container shipping to maintain competitiveness  

The evolving security situation in the Middle East continues to pose significant challenges, affecting logistics operations and customer supply chains. Recent developments in the region including the effective closure of the Strait of Hormuz have had a substantial impact on fuel availability and distribution worldwide. Many refineries are also operating at reduced capacity, limiting export volumes and causing substantial disruptions in global fuel supply chains.

Singapore, 30 April 2026 – Ocean Network Express (ONE) has announced its financial results for FY2025 (April 2025 to March 2026).

Further to our initial implementation of the Emergency Fuel Surcharge (EFS) on 10 March 2026, we would like to inform you that ONE will update the EFS quantum across the following trade lanes.

📅 April 21, 2026
📍 Gran Arena Monticello, Chile
📌 Booths 1 & 2