April 18, 2008
On April 15, a four-member delegation of China Shougang International Trade & Engineering Corporation, led by the company’s president, Wang Chunli, visited NYK to meet with NYK managing corporate officer Hidenori Hono.
During the meeting, Wang and Hono signed a contract for the transport of one million tons of iron ore per year from Brazil to China over a three-year period beginning from the second half of 2008. This is the second long-term contract between the companies, and certainly a sign of a strengthening relationship.
Wang emphasized his desire for steadfast relations between the companies and expressed his gratitude for the stable transport of iron ore from Western Australia that NYK currently provides.
Shougang International Trade & Engineering Corporation is the trading and logistics arm of the Shougang Corporation, which is an iron and steel manufacturer established in 1919. Their steel production volume is 12.86 million ton in 2007, ranked at the 7th biggest in China. Regarding this time contract, Caofeidian in Hebei province in China will be the main port for discharging.
NYK will make every effort to provide Shougang Corporation with a stable supply of iron ore by safely fulfilling this newly signed three-year contract and the 16-year contract signed by the two companies last year.
Front row left to right, Charles Cui, general manager of Beijing Shourong Forwarding Service, Hidenori Hono, managing corporate officer of NYK, Wang Chunli, president of China Shougang International Trade & Engineering, Kazuo Ogasawara, general manager of Capesize Bulker Group, NYK
