hutchison-laem-chabang-terminal

ONE Buys Stake in Hutchison Laem Chabang

Ocean Network Express has agreed to acquire a 30 percent stake in Hutchison Laem Chabang Terminal, strengthening its access to capacity at one of Southeast Asia’s key shipping hubs. The investment, announced March 30, covers the Laem Chabang facility’s Terminal D, as well as Terminals C1, C2 and A3. The terminal is a major component of Thailand’s Eastern Economic Corridor and a primary deep-water gateway for regional trade. Financial terms were not ... [+]