Ocean Network Express (ONE) has inked a long-term partnership agreement with Korea’s Dongwon Group.The agreement sees ONE acquiring what it describes as an “indirect but meaningful share” in Dongwon Global secondary subsidiary, Dongwon Global Terminal Busan (DGT). DGT is developing South Korea’s first fully automated terminal in Busan which upon completion will have capacity exceeding 4.5 million teu, across a total of six berths.
Hiroki Tsujii, Global Chief Officer of ONE’s Product and Network division, says, “This strategic partnership supports our long-term growth ambitions and ensures consistent, high-quality service for our customers. By securing direct access to capacity in this key port region, customers can benefit from more reliable and stable connections within Asia and the broader global network.”