/Tag:Joint Venture

K Line, MOL and NYK announce a JV: 1st November 2016

November 1st, 2016|Categories: News|Tags: , |

The three Japanese firms, Kawasaki Kisen Kaisha (K Line), Mitsui OSK Lines (MOL) and Nippon Yusen Kaisha (NYK), have announced plans for a joint venture, stating their decision to integrate came on the back of low oil prices, sluggish cargo demand, oversupply of trade capacity, and container freight rates at historic lows. “Container shipping will [...]

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