Japanese shipping company Ocean Network Express (ONE) has acquired a minority stake in New Priok Container Terminal One (NPCT1) in Jakarta, Indonesia. The financial details of the deal were not disclosed.
Built in 2016, NPCT1 has an annual capacity of 1.5 million TEU and can handle the world’s largest vessels. Other shareholders include Pelindo II, Mitsui & Co., and PSA International.
Jakarta ranks as ONE’s third-largest port by volume in Southeast Asia. The company stated that this investment strengthens its presence in the regional supply chain and ensures terminal access in a key market.
This acquisition is part of ONE's broader strategy to expand its terminal portfolio globally. Over the past year, it has also purchased stakes in terminals in Europe and the US West Coast.