News Releases in 2006

September 29, 2006

The Board of NYK in Tokyo today approved the takeover of the Belgian RORO terminals in Zeebrugge and Antwerp from PSA.

This decision is in line with NYK's medium term strategy, set-out in the NEW HORIZON 2007 policy document, to improve NYK's port infrastructure to ensure stable marine transportation.

Svein Steimler, Managing Director of NYK Line (Europe) RORO Ltd commented: "This decision means that NYK, already the global leader in RORO transportation, is set to expand the scope of its quality services to customers in RORO terminal operations. After extended and fruitful negotiations with PSA, NYK will continue investing in Belgium, being one of the leading North European export and import corridors.

"We are aiming to continue NYK's policy of building state-of-the-art RORO terminal facilities, in terms of quality and systems, to meet the expectations of our customer base and to continue our proactive approach towards the handling and transportation of cars and other rolling cargo."

Zeebrugge, Nothern Inlet Terminal

Zeebrugge, Bastenaken Terminal

Antwerp, Vrasene Terminal