Independent journal on economy and transport policy
01:52 GMT+1
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the EU commission authorizes the fusion of the activities of containerized marine transport of the Japanese "K" Linens, MOL and NYK
Judged limited the impact that the concentration will have on the routes from and for Europe
June 29, 2017
the EU commission has authorized the three main Japanese shipowning societies Kawasaki Kisen Kaisha ("K" Linens), Mitsui O.S.K. Lines (MOL) and Nippon Yusen Kaisha (NYK) to constitute joint venture in which making to meet the respective activities in the field of the containerized marine transport, fusion plan that will carry to the institution of the Ocean Express Network and that antitrust of the South Africa is rejected by the authority and that up to now has not exceeded the sieve of the American authorities as the Federal Maritime Commission has not examined the agreement adducing jurisdictional reasons(31of October2016,3May, 31maggioe 22 june2017).
the EU commission has specified to have concluded that the fusion does not arouse worries in given topic of competition the limited impact that the concentration will have on the routes from and for Europe and to the fact that will have to face a sufficient competitive pressure from other marine carriers.
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