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

Zululand Energy Terminal Signs HaA with ExxonMobil to Advance LNG Import Project

Zululand Energy Terminal Signs HaA with ExxonMobil to Advance LNG Import Project

Furetank VINGA Series Tanker to be Named

Furetank VINGA Series Tanker to be Named

Northern Grain Belt Ports Initiative Established

Northern Grain Belt Ports Initiative Established

Container Imports Soar at Port of Los Angeles

Container Imports Soar at Port of Los Angeles

Subscribe for Maritime Logistics Professional E‑News

Dutch transportation minister defends Tesla FSD approval
Container imports at the busiest US port soar in May as buyers attempt to avoid rising fuel prices
Sources say that Russian oil exports to western ports were higher than expected at the beginning of June.