Friday, 25 January 2019 15:14

NYK Selling 50% of Cruise Business to Anchor Ship Partners

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NYK is selling a 50% stake in NYK Cruises, its cruise subsidiary, to Anchor Ship Partners. The agreement includes the joint operation of the cruise business. This sale is inline with the medium-term management plan announced by NYK in March 2018, which focused on optimization of business portfolio, securing stable-freight-rate business, and increasing efficiency and creating new values. The deal is expected to be finalized by the end of March 2019.

Read 544 times Last modified on Friday, 25 January 2019 16:28
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