Independent journal on economy and transport policy
07:45 GMT+1
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the authority antitrust of Singapore authorizes the fusion of the activities in the field of the container of the Japanese "K" Linens, NYK and MOL
the operation will not involve a violation of the norms on the competition
March 28, 2017
The authority antitrust of Singapore has approved of the project of fusion of the respective activities in the field of the containerized marine transport agreed three months ago from the Japanese shipowning companies Kawasaki Kisen Kaisha ("K" Linens), Nippon Yusen Kaisha (NYK) and Mitsui O.S.K. Lines (MOL) ( on 4 January 2017).
The Competition Commission of Singapore (CCS) has remembered that the three companies will melt their terminalistici activities of containerized transport of line and their services in the segment of the container to out of Japan and that "K" Linens, NYK and MOL operates also logistic services, services of marine transport of liquid bulk and sand banks and motors vehicle, activity - these last ones - than however will continue to being operated independently from the three societies.
The CCS has specified that the activities of containerized marine transport carried out from "K" Linens, NYK and MOL and object of the fusion are the only ones that could have an impact on Singapore. The Commission has explained to have municipal a public consultation, to conclusion of which it has established that the fusion, if it is put into effect, will not involve a violation of the norms on the competition of Singapore.
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