Ocean Network Express (ONE), a container operator founded by Japanese shipping corporations NYK, MOL, and K Line, announced the acquisition of a minority stake in Dalian Container Terminal (DCT) in the Port of Dalian. The size of the stake and financial terms of the deal were not disclosed. ONE emphasized that the investment is strategic and aimed at ensuring sustainable access to key ports in Northeast China.
DCT is one of the largest specialized container terminals in the region and is located in Northeast China’s largest foreign container trade hub. The terminal’s design capacity is 6.6 million TEUs per year. The infrastructure includes 14 container berths with a total length of 4,390 meters, a maximum berth depth of 17.8 meters, and 33 gantry cranes. According to PSA’s annual report, the terminal handled over 3.7 million TEUs in 2023.
Dalian Container Terminal is majority owned by Liaoning Port Group, which is controlled by China Merchants Group. PSA also holds a significant stake through the joint venture Liaoning Port Singapore Dalian Port Investment and its Chinese subsidiary PSA China. ONE’s acquisition of DCT’s capital strengthens the operator’s position in Asia and expands its presence in one of China’s key container hubs.