ONE Acquires Stake in Korean Automated Container Terminal

In a move to strengthen its terminal operations, the Japanese shipping line Ocean Network Express (ONE) has acquired a stake in the Dongwon Global Terminal Busan, an automated container terminal located in South Korea. According to Seatrade Maritime, the acquisition gives ONE an indirect shareholding in the terminal, which is considered one of the most technologically advanced container facilities in the region. The terminal utilizes a high degree of automation, including automated stacking cranes and automated guided vehicles, to improve efficiency and productivity. 'This investment aligns with ONE's strategy to expand its terminal operations and gain greater control over its supply chain,' said a spokesperson for the company. 'As a major shipping line, having a stake in this cutting-edge terminal will allow us to better serve our customers and optimize our operations.' The Dongwon Global Terminal Busan is located within the Port of Busan, one of the busiest container ports in the world. The terminal's advanced automation capabilities are expected to provide ONE with improved reliability, faster cargo handling, and reduced operational costs. This move by ONE is part of a broader trend in the shipping industry, where major carriers are increasingly investing in terminal infrastructure to gain greater control over their logistics networks. By owning or having stakes in terminals, carriers can better manage vessel scheduling, cargo flows, and overall supply chain efficiency. The financial details of ONE's investment were not disclosed, but the acquisition is seen as a strategic move to enhance the company's competitiveness in the highly competitive container shipping market.