Establishment Of A Partner Relationship With Regard To Logistics Services Provided By COSCO And NYK Line
April 16, 2002
NYK Line is pleased to announce that in order for the China Ocean Shipping (Group) Company (COSCO) and NYK Line (NYK) to materialize further mutual development in the logistics business field both COSCO and NYK have agreed to establish a partner relationship with regard to logistics services.
The collaboration between COSCO and NYK will deal with Logistics service in and outside the P.R.China (including Japan), staff training, and the other business in Logistics field.
COSCO and NYK mutually believe that through the establishment of this partner relationship in logistics services, COSCO and NYK will be able to materialize further development in logistics business activities and each company will subsequently be able to further improve its service network and quality.