ONE reports 2023 profit collapse due to rates decline, but volumes were up
Japanese container line Ocean Network Express (ONE) has provided the first indication of the financial ...
© Sheila Fitzgerald
By Mike Wackett
The merger of NYK’s liner division with Japanese compatriots K Line and MOL next April will mark “a major turning point” for the company, says its president.
Addressing staff in Tokyo yesterday on NYK’s 132nd anniversary, Tadaaki Naito said: “This liner integration will have far-reaching impact.”
Mr Naito said he believed K Line and MOL “would be good partners”, given that they are “familiar with one another” and both belong to THE Alliance.
NYK, the largest of the trio, will hold a 38% stake in ...
Comment on this article
shipping manager
October 04, 2017 at 7:52 amlets hope that NYK starts to refocus on their customers as their current customer service proposition is dreadful – they need to also focus on providing a service to their customers that is worthy of a tier 1 carrier because at the moment they operate like a tier 3 shipping line. Their recent performance particularly on UK landside operations had been woefully lacking…