MTI and ONE Establish Joint Venture “QUAVEO” in Vietnam

Leading the Shipping Industry's DX with AI to Create New Value

 

 MTI Ltd. (MTI) and Ocean Network Express Pte. Ltd. (ONE) established a joint venture, “QUAVEO Company Limited” (QUAVEO), in Ho Chi Minh City, Vietnam, in December 2025. 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.

 

Background and Purpose of Establishment

ONE, as one of the world’s leading container shipping companies, operates over 260 vessels and provides container transport services connecting over 120 countries globally. Meanwhile, the need for DX involving AI technology adoption—such as responding to diversifying market needs, pursuing further operational efficiency, and enhancing customer experience—is rapidly intensifying. By overcoming challenges such as labor shortages and decarbonization, and by prioritizing safety and market needs, the shipping industry is poised to lead the global competition.

MTI, leveraging its long-standing expertise in providing services for consumers, corporations, and local governments, as well as its knowledge in AI technology and application, aims to realize “AI-driven DX.” This involves transforming business models, operational processes, and value provision mechanisms of companies and organizations with AI at the core, rather than merely digitizing operations.

QUAVEO was jointly established to realize problem-solving and new value creation for customers, including the shipping industry, by leveraging ONE’s extensive knowledge and practical experience in the container shipping industry and MTI’s know-how in AI-utilized human resource development. The company will promote the development of AI talent familiar with customer operations and the rapid development and introduction of AI solutions that function effectively on the front lines.

◆Business Activities

  • Develop and provide operation optimization solutions for the shipping industry
    Realization of operational improvements utilizing AI, such as the sophistication of vessel allocation plans and equipment operation, and the efficiency of logistics processes.
  • Provide AI services contributing to customer experience improvement
    Improvement of customer satisfaction through the automation of inquiry responses by AI and the provision of personalized services tailored to customer needs.
  • Business Automation Support by AI Agents
    Promotion of automation for back-office operations and routine tasks to create an environment where employees can concentrate on higher value-added work.
  • AI Talent Development and In-house Production Support
    Supporting the development of AI talent at client companies and the construction of sustainable DX promotion systems by utilizing the training know-how cultivated by MTI.
  • Provide and sell AI solutions for external companies
    Expansion of AI contract development and data utilization support services targeting not only the shipping industry but also distribution, manufacturing, and other industries.

Thoughts Behind the Company Name

“QUAVEO” is a new name created by combining positive elements from words that represent creativity and growth, such as QUALITY, QUANTITY, IDEA, and EVOLUTION. It was designed to be memorable and serve as a unifying identity for our international team, including Vietnam.

◆Future Outlook

While the volume of business data has exploded in recent years, efficiently harnessing these vast assets to generate revenue remains a significant challenge. This gap represents a massive, untapped market for AI-driven DX.

To monetize AI effectively, companies need to move beyond the Proof of Concept (PoC) stage. Success requires robust solutions capable of withstanding complex, real-world operations, supported by an agile implementation structure.

QUAVEO draws on the deep expertise ONE and MTI have cultivated through joint AI development in the complex arena of global shipping. Our core strength lies in our agility to rapidly apply cutting-edge technologies, such as Generative AI and Large Language Models (LLMs). Leveraging these strengths, we will expand our services beyond the maritime industry to sectors like distribution and manufacturing, driving digital transformation across society.

 

【Overview of QUAVEO】

  • Company Name: QUAVEO Company Limited (Trade name: QUAVEO)
  • Location: Ho Chi Minh City, Vietnam
  • Establishment Date: December 2025
  • Capital: 1.6 million USD (Approx. 250 million JPY)
  • Shareholding Ratio: MTI 51%, ONE 49%
  • -CEO: Ichiro Igari (Managing Executive Officer, MTI)
  • Business Activities: Development and provision of solutions utilizing AI technology and data science, human resource development, etc.
  • HPhttps://quaveoai.com/

 

Ichiro Igari, Managing Executive Officer, MTI Ltd.
“MTI has strengthened the AI development and data science team launched at our Vietnamese subsidiary, MTI Technology, and has proceeded with business implementation mainly for our own services. In that process, we met ONE and gained the opportunity to utilize our AI development capabilities in real businesses that move people, goods, and money on a large scale. Currently, the ability to flexibly conceive ideas from a business perspective regarding AI technology, which is evolving at an unprecedented speed, is required in the market. In the new company, we will create results in the container shipping and healthcare businesses and realize business transformation through the latest AI technology for a wider range of client companies.”

Kenichi Michida, Senior Vice President, Ocean Network Express Pte. Ltd.
“ONE has built a strong relationship with MTI over many years, and as a result, we have already developed multiple solutions in-house. In the container shipping industry, the need for service quality improvement and operational efficiency utilizing AI and LLM is rapidly increasing. Through the establishment of this new company, we intend to introduce highly competitive AI/LLM solutions that meet these needs more rapidly and on a larger scale than ever before, and actively proceed with securing excellent AI talent.”

 

About MTI Ltd.
President: Toshihiro Maeta Headquarters: Tokyo Opera City Tower 35F, 3-20-2 Nishi-Shinjuku, Shinjuku-ku, Tokyo Business Activities: Content Business, Healthcare Business, School DX Business, Other Business (AI, corporate DX support, etc.)  https://www.mti.co.jp/

About Ocean Network Express (ONE)
 Ocean Network Express (ONE), headquartered in Singapore, is one of the world’s leading liner shipping companies. It operates a fleet of over 260 vessels with a capacity exceeding 2 million TEUs. Through its extensive global network, ONE provides reliable container shipping services to over 120 countries. For more information, please visit www.one-line.com

※1:Large Language Model (LLM): Artificial intelligence with the ability to understand and generate human language by learning vast amounts of text data. It is applied widely not only in language processing but also in image generation, video generation, music generation, robot control, etc., playing a central role in current artificial intelligence technological innovation.

 

For further information, please contact:

MTI Ltd.
Public Relations Department
E-mail:mtipr@mti.co.jp

Ocean Network Express Pte. Ltd.
Corporate Communication
E-mail:Media@one-line.com

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