Japanese carriers forge ahead with alliance
from The Maritime Executive
Kawasaki Kisen Kaisha, Mitsui O.S.K. and Nippon Yusen Kabushiki Kaisha have formally established a joint holding company for their container business alliance. The new company, named Ocean Network Express, includes terminal operation businesses outside Japan. The three companies have received all the necessary approvals with local competition laws, except for South Africa. In South Africa, the new company expects to complete the approval process for compliance by April 1, 2018.
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