Dated 10.31.2016, in a quite unexpected developments, the three largest container shipping company Kawasaki Kisen Kaisha Japan, Ltd. (commonly known as' K-Line), Mitsui OSK Lines Ltd. (MOL), Nippon Yusen Kabushiki Kaisha and (NYK) announced merger container exploitation activities of all three firms, which make up the 6th-largest container shipping company in the world and the second largest in Asia.
Prior notice this merger, in May this year, all three Japanese shipping lines has also caused little surprise on the market by agreeing to participate in a common alliance to combine vessel operators on a global scale is the alliance tHE
event of the merger of the three largest container shipping companies in Japan immediately received positive feedback from the stock market, in the morning of 31/10 stocks start rising
process of restructuring the industry strong this is the container shipping activities to make the maritime industry more efficient operation and avoid possible collapse of the carriers in the near future.
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