News / Abu Dhabi Ports eyeing $2bn swoop on Indonesia's Meratus Line

Meratus Gorontalo Photo: VesselFinder

Abu Dhabi Ports (AD Ports) is reportedly in serious discussions to acquire Indonesian logistics and coastal container shipping company PT Meratus Line.

In July, reports circulated that the Menaro family, which owns Indonesia’s largest domestic container carrier, was seeking a buyer for $2bn.

According to Linerlytica, AD Ports has emerged as the favoured buyer, the state-owned terminal operator seeking vertical integration of the maritime supply chain, following in the footsteps of its neighbour, DP World.

AD Ports began venturing outside its core port/terminals business into ...