marine link image
Register now for the Port of the Future Conference • 2 Days, 50 Ports • Houston/Galveston area, TX • April 12–14, 2027

ONE Acquires Terminal in Southeast Asia

December 4, 2024

Illustration (Credit: ONE)
Illustration (Credit: ONE)

Japanese shipping company Ocean Network Express (ONE) has completed the acquisition of a minority stake in New Priok Container Terminal One (NPCT1) in Jakarta, Indonesia.

NPCT1 is an important terminal serving mature gateway markets in Southeast Asia. Built in 2016, it has an annual capacity of 1.5 million TEU and can accommodate advanced mega containerships with its deep drafts and modern equipment.

Jakarta is ONE’s third-largest volume port in Southeast Asia. This acquisition strengthens ONE’s presence in the regional supply chain and helps safeguard the company’s access to terminal capacity in an important region.

“NPCT1 is an efficient and green terminal that is strategically located in a fast-developing region. A stake in this terminal ensures access to capacity in a key gateway and supports our growth ambitions,” said Hiroki Tsujii, Global Chief Officer of ONE’s Product & Network Division.

In November 2023, ONE completed the acquisition of stakes in terminals in the U.S. West Coast and Europe.

Logistics News

PMorganChase Announces New Leadership for $1.5 Trillion Security and Resiliency Initiative

PMorganChase Announces New Leadership for $1.5 Trillion Security and Resiliency Initiative

FMC Proposes Remedies to Counteract Unfavorable Spanish Shipping Conditions

FMC Proposes Remedies to Counteract Unfavorable Spanish Shipping Conditions

Most Efficient Inland Port System Named

Most Efficient Inland Port System Named

Partnership Aims to Advance Bio-LNG as Marine Fuel

Partnership Aims to Advance Bio-LNG as Marine Fuel

Subscribe for Maritime Logistics Professional E‑News

Alaska Air expects certification of the Boeing 737 MAX 10 by end-September
Israel's Netanyahu: Flydubai co-pilot underwent radical Islamist endoctrination
Canada fast tracks oil pipeline to diversify economy and divert away from US