Independent journal on economy and transport policy
06:27 GMT+1
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"K" Linens, MOL and NYK confirms that the fusion of the activities of containerized marine transport will happen on April 1°, 2018
the Japanese companies preview that within such given they will obtain the authorization also of the South African authorities
July 3, 2017
After to have last week obtained the green light to the project by the EU commission ( on 29 June 2017), today the Japanese shipowning societies Kawasaki Kisen Kaisha ("K" Linens), Mitsui O.S.K. Lines (MOL) and Nippon Yusen Kaisha (NYK) have confirmed that joint venture in which they will meet the respective activities in the field of the containerized marine transport will become operating on April 1°, 2018, so as established originally last year when the concentration was announced ( on 31 October 2016).
"K" Linens, MOL and NYK has specified that currently the compliance certificates to the premises normative on the competition are obtained all necessary in order to constitute the new society in the E regions the nations in which such conformity are demanded in order to create joint venture and that progresses in the formation of an integrated new are being completed activity of containerized marine transport.
Relatively to the South Africa, whose authority antitrust has rejected the project of concentration introduced from the three Japanese companies ( on 22 June 2017), "K" Linens, MOL and NYK have specified that they consider however of being able to obtain the approval to the constitution of joint venture before the given previewed one of operating start of the new society.
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After to have last week obtained the green light to the project by the EU commission 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
