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ONE ACQUIRES STAKE IN DONGWON GLOBAL TERMINAL BUSAN
March 24, 2026

Ocean Network Express (ONE) has successfully completed a long-term partnership agreement with Dongwon Group by acquiring what it described as "an indirect but meaningful share" in its secondary subsidiary, Dongwon Global Terminal Busan (DGT). 

DGT is South Korea's first fully automated container terminal, utilizing Automated Guided Vehicle (AGV) operations in Busan.

 

Upon completion of its final development stage, DGT will have a capacity exceeding 4.5 million TEU (twenty-foot equivalent units), including five berths (1,750m) and one feeder berth (385m).

 

ONE said this strategic investment involving DGT strengthens ONE's presence in the region, ensuring enhanced service quality and reliable connections for its customers.

 

Given Busan's position as a significant transshipment hub and local gateway, ONE said this partnership will enable the carrier to optimize cargo flows and manage transshipment operations more effectively — leading to improved overall reliability and network stability for customers shipping through the region.

Hiroki Tsujii, global chief officer of ONE's Product and Network division, said this strategic partnership supports the shipping line's long-term growth ambitions and ensures consistent, high-quality service.

 

"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," Tsujii said.

 

ONE operates a fleet of over 260 vessels with a capacity exceeding 2 million TEUs. Through its global network, ONE provides container shipping services to over 120 countries.

 
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