-Gerard Oberholzer-

Hi guys,

I have just found an interesting article that I would really like to share it with you all regarding the sea transport in large-scale.

The three biggest shipping lines of Japan, Mitsui O.S.K. Lines, Nippon Yusen and Kawasaki Kisen are combining their operations in containers transport to face the worsening of business conditions because of the fall in international commerce.

Indeed, these three firms have told that they will form a risk-sharing company as of July 2017 and will start operating as of April 2018. Therefore, the new joint business would have a large fleet of 256 boats and it is calculated it would become the sixth largest shipping firm in the world.

As for every part, the shipping lines are expected to invest jointly about 300.000 million of Yen (2.608 million €). For instance, Nippon Yusen will contribute to the 38% of the total equity, whereas the other ones will do it with the 31% each one.

The new group is expected to earn a net income of 110.000 million of Yen (956 million €) per year and to sell 2 billion Yen (17.387 million€) per fiscal year.

Moreover, the maritime alliances are helping transport firms cope with the crisis in the sector.

In fact, experts think these ones must be expanded to land operations.