Ocean Network Express (ONE) announced on 5/1 that it has signed an agreement to acquire a minority stake in Dalian Container Terminal (DCT). This move aims to strengthen the container shipping line's presence in strategic ports across Northeast China, where DCT is located as a key international container trade hub.

Dalian container port. *Photo: China Merchants Group*

Dalian Container Terminal boasts a designed annual capacity of approximately 6,6 million TEU. The facility currently operates 14 container berths, extending to a total length of 4,390 meters. It is equipped with advanced handling infrastructure and sufficient channel depth to accommodate large container vessels.

Hiroki Tsujii, ONE's Global Director of Product and Network, stated that the acquisition aligns with the company's strategy of securing access to key ports in the region. "Holding this stake allows us to collaborate more closely with DCT and contribute to the port's infrastructure development, thereby reinforcing Dalian's role as a vital gateway for international trade in Northeast China," Tsujii said.

Ocean Network Express (ONE) is a global container shipping line headquartered in Singapore. It was established in 2017 through the merger of the container shipping divisions of three Japanese corporations: Kawasaki Kisen Kaisha (K Line), Mitsui O.S.K. Lines (MOL), and Nippon Yusen Kaisha (NYK).

ONE currently operates a fleet of over 260 vessels with a total capacity exceeding 2 million TEU, serving a shipping network that connects Asia, Europe, the Americas, and other regions. The company focuses on enhancing logistics efficiency, optimizing port connectivity services, and applying digital technology in supply chain management.

Ngoc Minh (according to Baird Maritime)