Meratus Group

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

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

• Maritime logistics services
• Port terminal operations
• Container handling services
• Integrated shipping logistics
• Cargo terminal management

Headquarters

HQ city

Surabaya

HQ country

Indonesia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain

Revenue model

1. 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

Core 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.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• PT ICTSI Jasa Prima (IJP)coreStrategic or Co-development PartnerMeratus 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

Broad 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

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Meratus Group