Latest news from Heavy Lift & Project Forwarding International Magazine

ONE gets the green light

The joint venture of Kawasaki Kisen Kaisha ("K" Line), Mitsui O.S.K. Lines (MOL) and Nippon Yusen Kabushiki Kaisha (NYK Line) - Ocean Network Express (ONE) - has received all the necessary merger approvals from local competition authorities.

Established in July 2017, ONE completed the merger approval process in all regions and countries except South Africa as of the end of June 2017.

Following continued negotiations with South Africa's competition authority, the joint venture obtained approval meaning the service commencement schedule remains unchanged, with operations slated to begin on April 1, 2018.  

 

www.one-line.com

www.kline.co.jp

www.mol.co.jp 

www.nykline.com

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