Abu Dhabi Ports (AD Ports), the owner of Safeen Feeders, is reported to be in talks to acquire Indonesia’s Meratus Line in a transaction that could be valued at $2Bn. Meratus was reported to be seeking to sell its shipping and logistics business since July 2023, and AD Ports has emerged as the front runner in sales process. Meratus was established in 1957 in Surabaya, Indonesia and is the largest domestic operator in Indonesia. The company expanded its services to Papua New Guinea in February 20
Meratus has launched a new Papua New Guinea Express (PNG Express) service that connects Jakarta, Surabaya, Dili, Motukea, Lae, Jakarta from 7 February with the 1,005 teu MERATUS GORONTALO. The service will be operated on a fortnightly basis with a 28 day turnaround with a second vessel, the 1,129 teu MERATUS 1 to join the service on 22 February. The new service will also offer connections from China, Malaysia and Singapore to PNG via transhipment at Jakarta on Meratus' current international net
Bengal Tiger Line (BTL) has teamed up with Meratus Line to launch a new China Indonesia Service (CIS) calling at Jakarta, Surabaya, Ningbo, Nansha with the 1,162 teu MTT SAMALAJU that made its maiden call for BTL at Jakarta on 3 June 2022. The Ningbo call will be replaced by Shanghai once the lockdown in Shanghai is fully lifted. The service will turn in 3 weeks, with 2 more ships from Meratus being deployed, the 1,301 teu MERATUS SORONG and the 1,129 teu MERATUS MEDAN 1. Meratus had first lau
Meratus has launched a new China Indonesia Express (CIX) service connecting directly Jakarta, Semarang and Surabaya to Qingdao and Shanghai. The service started on 14 March 2022 with the 1,301 teu MERATUS SORONG and the 1,129 teu MERATUS MEDAN 1. The CIX service will be operated on a fortnightly basis. The launch continues Meratus international expansion outside of its core Indonesia domestic services. The Indonesian carrier also launch a new Java Malaysia Express (JMX) service connecting Jakar