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MOL, NYK transfer know-how to Chinese port operator

MOL, NYK transfer know-how to Chinese port operator

   Mitsui O.S.K. Lines today said MOL and Nippon Yusen Kaisha have signed a contract to share their technological expertise on car carrier terminal operations with Guangzhou Port Group Co. Ltd.

   The two companies will help Guangzhou Port Group develop car carrier terminals at the port of Xinsha, where many overseas car carriers will call in the future, the Japanese shipping group said.

   “With China’s automobile market showing tremendous growth, full-scale shipment of completed cars from Guangzhou is slated to start next year,” MOL said.