{"id":2477,"date":"2022-12-28T14:33:36","date_gmt":"2022-12-28T06:33:36","guid":{"rendered":"http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/?p=2477"},"modified":"2023-02-24T10:06:35","modified_gmt":"2023-02-24T02:06:35","slug":"ocean-network-express-acquires-terminals-in-us-west-coast","status":"publish","type":"post","link":"http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/ocean-network-express-acquires-terminals-in-us-west-coast\/","title":{"rendered":"Ocean Network Express acquires terminals in US West Coast"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-2478\" src=\"http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/wp-content\/uploads\/2022\/12\/Trapac-terminal-at-Port-of-Oakland-300x200.jpg\" alt=\"\" width=\"486\" height=\"324\" srcset=\"http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/wp-content\/uploads\/2022\/12\/Trapac-terminal-at-Port-of-Oakland-300x200.jpg 300w, http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/wp-content\/uploads\/2022\/12\/Trapac-terminal-at-Port-of-Oakland-768x511.jpg 768w, http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/wp-content\/uploads\/2022\/12\/Trapac-terminal-at-Port-of-Oakland-360x240.jpg 360w, http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/wp-content\/uploads\/2022\/12\/Trapac-terminal-at-Port-of-Oakland.jpg 790w\" sizes=\"auto, (max-width: 486px) 100vw, 486px\" \/><\/p>\n<p>OCEAN NETWORK Express has agreed to acquire a 51% stake in two terminal companies held by its Japanese parents.<\/p>\n<p>Both TraPac LLC and Yusen Terminals LLC\u2014owned by Mitsui OSK Lines and Nippon Yusen Kabushiki Kaisha, respectively\u2014provide container terminal services in Los Angeles, with the YTL also operating in Oakland in the US west coast.<\/p>\n<p>A definite agreement has been signed between the parties, while the deal remains pending regulator\u2019s approval.<\/p>\n<p>The acquisitions are part of the continued efforts by MOL and NYK to integrate their container shipping businesses into ONE.<\/p>\n<p>\u201cThe recent disruptions to the supply chain due to the [coronavirus pandemic] have highlighted the importance container terminals play in keeping global trade flowing,\u201d ONE said in a statement.<\/p>\n<p>\u201cThe newly acquired container terminals will safeguard ONE\u2019s access to terminal capacity in key and strategic gateways, support its growth ambitions and enhance its service offerings to customers.\u201d<\/p>\n<p>Source: The Lloyds\u2019 List<\/p>\n","protected":false},"excerpt":{"rendered":"<p>OCEAN NETWORK Express has agreed to acquire a 51% stake in two terminal companies held by its Japanese parents. Both TraPac LLC and Yusen Terminals LLC\u2014owned by Mitsui OSK Lines and Nippon Yusen Kabushiki Kaisha, respectively\u2014provide container terminal services in Los Angeles, with the YTL also operating in Oakland in the US west coast. A &hellip;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[78],"tags":[85,84,83],"class_list":["post-2477","post","type-post","status-publish","format-standard","hentry","category-news","tag-container-lines","tag-maritime","tag-us-ports"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/wp-json\/wp\/v2\/posts\/2477","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/wp-json\/wp\/v2\/comments?post=2477"}],"version-history":[{"count":1,"href":"http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/wp-json\/wp\/v2\/posts\/2477\/revisions"}],"predecessor-version":[{"id":2479,"href":"http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/wp-json\/wp\/v2\/posts\/2477\/revisions\/2479"}],"wp:attachment":[{"href":"http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/wp-json\/wp\/v2\/media?parent=2477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/wp-json\/wp\/v2\/categories?post=2477"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/wp-json\/wp\/v2\/tags?post=2477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}