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Containers Strait of Hormuz crisis Finance

ONE triples profit forecast to $900m amid Middle East disruption

  • ONE triples full-year profit forecast to $900m amid Hormuz disruption and elevated freight rates
  • Carrier expects Hormuz to stabilise by October, but Cape of Good Hope rerouting to continue through March 2027
  • Q1 revenue up 12% to $4.5bn as strong Asia demand and port congestion tighten market conditions

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ONE bets on freight rate strength persisting through September as geopolitical disruption and port congestion absorb new capacity

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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