Japan-based shipping company Ocean Network Express (ONE) on Dec. 27 revealed that it has signed agreements to acquire a 51% stake in two terminal operators – TraPac LLC and Yusen Terminals (YTI), which are both currently held by Mitsui O.S.K. Lines, Ltd. – and a shipping company, Nippon Yusen Kabushiki Kaisha, commonly known as NYK Line. TraPac is a container terminal operator and vessel stevedore that provides container terminal services in Los Angeles and Oakland. YTI is a container terminal operator and vessel stevedore that provides container terminal services in Los Angeles. “These acquisitions are part of the integration of…