NYK, Bolloré form auto-handling joint venture in Kenya

· Tuesday, October 18, 2016

Japanese liner carrier NYK has entered into a joint venture with Bolloré Transport & Logistics Kenya Ltd. and Toyota Tsusho Corp. to set up Bolloré NYK Auto Logistics Ltd., a logistics company to handle finished cars for the Kenyan market.

Japanese liner carrier NYK has entered a joint venture with Bolloré Transport & Logistics Kenya Ltd. and Toyota Tsusho Corp. to set up Bolloré NYK Auto Logistics Ltd., a logistics company to handle finished cars for the Kenyan market.
According to the companies, Kenya’s rising middle class is expected to generate increased demand for finished car imports and become a gateway port for other countries across East Africa.
At Kenya’s port of Mombasa, the joint venture will offer a variety of services, including inland transport and pre-delivery inspections, as well as car storage and customs clearance.

Chris Gillis

Located in the Washington, D.C. area, Chris Gillis primarily reports on regulatory and legislative topics that impact cross-border trade. He joined American Shipper in 1994, shortly after graduating from Mount St. Mary’s College in Emmitsburg, Md., with a degree in international business and economics.