NYK MOVES INTO CHINA’S NON-LINER BUSINESS

NYK MOVES INTO CHINA’S NON-LINER BUSINESS    Nippon Yusen Kaisha has set up a subsidiary in Hong Kong to collect business information and expand sales from non-liner shipping activities in China.
   NYK Bulkship (China) Ltd. started its operations on Feb. 10, with a share capital of HK$1 million. The company is headquarted in Hong Kong and has a representative office in Shanghai.
   NYK said that the non-liner business in China “is one of the burgeoning markets in the world.”
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