NYK, MOL and K Line to merge container businesses

NYK, MOL and K Line to merge container businesses

The three large Japanese shipping companies have announced they will merge their container lines into a new firm, which will be the 7th largest. NYK currently calls on Halifax as part of the G6 alliance. MOL and K-Line stopped calling in 2011 when their shared service ended service to Halifax.

With the recent bankruptcy of Hanjin, and CMA-CGM’s acquisition of NOL, and the termination and creation of alliances  there will be lots of change coming in the next year.

Original article: NYK, MOL and K Line to merge container businesses.

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