Ocean Network Express (ONE) has booked a first-half profit of more than $6.7bn on the back of a stellar second-quarter performance.

The Japanese-owned company said the increase in its performance was due mainly to the continuous strong market, with global container trade volumes in July to September increasing by nearly 10% year on year.

"Vessel utilisation was at full capacity due to the strong cargo demand, while the turmoil within the entire global supply chain worsened in the second quarter," the Singapore-headquartered company said.