Meratus Group
Meratus Group is an Indonesian integrated maritime and logistics operator that runs port, terminal, and container-handling services for shipping lines and cargo operators, with a controlling 80.19% stake in PT ICTSI Jasa Prima at the Port of Tanjung Priok.
- Company typePrivate
- Founded1957
- HeadquartersSurabaya, Indonesia
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
Meratus Group firmographics
Firmographics- Name
- Meratus Group
- Website
- https://meratus.com
- Company type
- Private
- Founded year
- 1957
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Meratus Group is an Indonesian integrated maritime and logistics operator that runs port, terminal, and container-handling services for shipping lines and cargo operators, with a controlling 80.19% stake in PT ICTSI Jasa Prima at the Port of Tanjung Priok.
- Ownership category
- akta.pro rank
Meratus Group industry classification
Industry- Product category
- Maritime and Port Logistics Services
- NAICS
- Port and Harbor Operations (48831), Port and Harbor Operations (488310), Marine Cargo Handling (488320), Marine Cargo Handling (48832)
- SIC
- Water Transportation (4400)
- akta.pro primary industry
- Container Terminal Operating Services & Management (Terminal Operator / Concessionaire) (TLAHAAAI)
- akta.pro secondary industry
- Port Stakeholder Coordination (Terminal, Agents, Customs, Pilots, Tugs) (TLAHAFAJ)
Keywords
Where Meratus Group is headquartered
LocationHeadquarters
- HQ city
- Surabaya
- HQ country
- Indonesia
- HQ region
- Asia
Offices1 record
Markets served
Meratus Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Supply Chain
Revenue model
- Port and Terminal Operations: Meratus generates revenue through port management and container terminal operations. The company operates PT PBM Olah Jasa Andal, a private container terminal operator at Indonesia's Port of Tanjung Priok, providing logistics and port services to shipping and cargo clients.
Go-to-market motion1 record
Distribution channels1 record
Meratus Group product offering
Product offeringCore offering
Meratus Group is an Indonesian maritime and logistics operator that provides port management and container terminal services to shipping lines and cargo clients. Following the February 2024 acquisition of an 80.19% stake in PT ICTSI Jasa Prima, the company controls private container terminal operations through PT PBM Olah Jasa Andal at Indonesia's Port of Tanjung Priok, the country's primary container gateway.
Differentiator
Problem solved
Functional benefit
Products and services
- Port and Container Terminal Operations Direct container handling, berthing, and terminal management services provided to shipping lines and cargo operators at Indonesia's Port of Tanjung Priok, operated through PT PBM Olah Jasa Andal.
Companies that use Meratus Group
Customer profileSegments1 record
Ideal customer profiles1 record
Meratus Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Meratus Group partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- PT ICTSI Jasa Prima (IJP)coreMeratus acquired an 80.19% controlling stake in PT ICTSI Jasa Prima, a private container terminal operator at Indonesia's Port of Tanjung Priok. Through this acquisition, Meratus indirectly controls PT PBM Olah Jasa Andal.
Scale indicators2 records
Meratus Group competitors and assessment
Company assessmentBroad incumbents
- Pelindo (PT Pelabuhan Indonesia): Indonesia's state-owned port operator, formed by consolidating Pelindo I–IV. It operates most major Indonesian ports including Tanjung Priok-adjacent terminals, making it the dominant domestic incumbent competing with and regulating Meratus's private terminal footprint.
- SSA Marine (Carrix): US-headquartered terminal operator with international footprint in container and bulk terminals. Comparable as a privately-held terminal operator pursuing concession-based growth in multiple geographies.
- APM Terminals: Maersk-owned global container terminal operator with facilities across Asia including Indonesia. Comparable as a vertically-integrated terminal and shipping logistics platform serving similar international shipping line customers.
- PSA International: Singapore-based global container terminal operator. Directly comparable as an Asia-headquartered terminal operator serving transshipment hubs and gateway ports in Southeast Asia, with similar customer base of international shipping lines.
- Eurogate Container Terminals: European container terminal operator with joint ventures in Asia. Comparable as a regional container terminal operator offering stevedoring, container handling, and related logistics services to international shipping lines.
- DP World: Global terminal operator with presence across Asia, Africa, and Europe. Comparable as a multinational container terminal operator competing for concession-based port assets and shipping line customers in emerging markets.
- ICTSI (International Container Terminal Services Inc.): ICTSI is a Philippines-based global container terminal operator and the previous majority owner of PT ICTSI Jasa Prima (acquired by Meratus in Feb 2024). It is directly comparable as a container terminal concessionaire operating in emerging-market ports, including Indonesia.
- Hutchison Ports: Port and terminal arm of CK Hutchison, one of the world's largest container terminal operators with significant Asian presence. Comparable as a global terminal concessionaire serving major shipping line customers in regional hubs.
Direct peers
- Jakarta International Container Terminal (JICT): Direct competitor operating the main container terminal at Tanjung Priok under a Pelindo/foreign partner consortium. Most directly comparable to Meratus as it operates adjacent terminal infrastructure at the same port serving the same shipping line customers.
Regional players
- IPC Terminal Petikemas (PT Terminal Petikemas Surabaya): Pelindo subsidiary operating container terminals at Tanjung Perak, Surabaya—Meratus's home city. Comparable as an Indonesian container terminal operator in the same geography serving the same archipelago trade flows.
Market position
Customer concentration
Meratus Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Meratus Group leadership team
Management profileNumber of profiles
Meratus Group subsidiaries and ownership
Company hierarchySubsidiaries2 records
Meratus Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Meratus Group M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Meratus Group
What does Meratus Group do?
Meratus Group is an Indonesian maritime and logistics operator that provides port management and container terminal services to shipping lines and cargo clients. Following the February 2024 acquisition of an 80.19% stake in PT ICTSI Jasa Prima, the company controls private container terminal operations through PT PBM Olah Jasa Andal at Indonesia's Port of Tanjung Priok, the country's primary container gateway.
Is Meratus Group a public or private company?
Meratus Group is a private company. It is classified as unknown and is currently operating.
When was Meratus Group founded?
Meratus Group was founded in 1957. It employs 5,001 to 10,000 people.
Where is Meratus Group based?
Meratus Group is headquartered in Surabaya, Indonesia, in the Asia region.
How does Meratus Group make money?
One revenue line is on record: port and Terminal Operations.
Who are Meratus Group's main competitors?
Broad incumbents on record are Pelindo (PT Pelabuhan Indonesia), SSA Marine (Carrix), APM Terminals, PSA International, Eurogate Container Terminals, DP World, ICTSI (International Container Terminal Services Inc.) and Hutchison Ports. Jakarta International Container Terminal (JICT) is listed as a direct peer. IPC Terminal Petikemas (PT Terminal Petikemas Surabaya) is listed as a regional player.
Does Meratus Group have an API?
No public API is recorded for Meratus Group.
What industry is Meratus Group in?
Meratus Group's product category is Maritime and Port Logistics Services. Its primary akta.pro industry code is TLAHAAAI, Container Terminal Operating Services & Management (Terminal Operator / Concessionaire), with a secondary code of TLAHAFAJ, Port Stakeholder Coordination (Terminal, Agents, Customs, Pilots, Tugs). Its NAICS code is 48831 and its SIC code is 4400.