ONE secures 30% stake in Thailand’s Hutchison Laemchabang Terminal

The investment supports the group’s strategy of securing capacity in key gateway ports.

Ocean Network Express (ONE) has signed a share purchase agreement for a 30% stake in Hutchison Laemchabang Terminal Limited (HLT) in Thailand.

HLT operates as a major deep-water terminal within Laem Chabang Port, running Terminal D—an automated facility—as well as Terminals C1, C2, and A3.

The investment supports the group’s strategy of securing capacity in key gateway ports, said Hiroki Tsujii, Global Chief Officer of ONE’s Product & Network Division.

“By deepening our partnership with Hutchison Ports, customers can benefit from enhanced reliability and efficient solutions within this essential trade hub,” Tsujii added.

The share purchase is subject to customary closing conditions, including regulatory approvals.