Independent journal on economy and transport policy
07:40 GMT+1
This page has been automatically translated by Original news
Ocean will be called Express Network the concentration in the field of the container of "K" Linens, MOL and NYK
the world-wide headquarters will be to Singapore
May 31, 2017
Sarà Ocean Network Express the commercial brand under which the joint venture new will operate that will be born from the fusion of the activities in the field of the container of Kawasaki Kisen Kaisha ("K" Linens), Mitsui O.S.K. Lines (MOL) and Nippon Yusen Kaisha (NYK), concentration that is announced at the end last year by the three Japanese companies of navigation ( on 31 October 2016).
Today "K" Linens, MOL and NYK has announced that currently it is in phase of preparation the constitution of a holding company with center in Japan and of operating society with headquarters to Singapore. Moreover it is in program the institution of regional headquarters to Singapore, Hong Kong, United Kingdom (London), the USA (Richmond) and Brazil (Saint Paolo).
The three companies have specified that the constitution of the joint venture new will be announced when all will come capacities to term the verifications on the concentration by the authorities antitrust. "K" Linens, MOL and NYK however has confirmed that the operating start of the Ocean Express Network is fixed in order on April 1°, 2018.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher