Independent journal on economy and transport policy
19:36 GMT+2
Nippon Yusen liquidates in Panama
(The Japan Times Online)
August 27, 2001
(posted Aug. 23)
Nippon Yusen K.K., the largest shipping firm in the nation, said Wednesday it has liquidated two wholly owned Panama-based subsidiaries as part of restructuring efforts.
The two subsidiaries, Growth Maritima SA and Fairhope Shipping SA, were disbanded in line with a decision adopted at a Nippon Yusen board meeting June 22.
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