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ONE and MTI Establish Joint Venture “QUAVEO” in Vietnam Leading the Shipping Industry's DX with AI to Create New Value

Ocean Network Express Pte. Ltd. and MTI Ltd. established a joint venture, “QUAVEO Company Limited” in Ho Chi Minh City, Vietnam. The new company aims to promote Digital Transformation (DX) of operations and business models by utilizing AI technology. By combining the strengths of both companies, QUAVEO aims to drive DX in the container shipping industry and create new use cases for AI applications.