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NYK sets up Korean bulk and energy shipping arm

NYK sets up Korean bulk and energy shipping arm

   Tokyo-based Nippon Yusen Kaisha has set up NYK Bulkship (Korea) Co. Ltd., a Korean bulk and energy-shipping subsidiary.

   NYK said the new subsidiary will launch its operations June 1 in order to expand NYK's bulk and energy resources transportation business in Korea. NYK Bulkship (Korea) is based in Seoul, Korea.