NYK Plays Port Pokemon Ahead of MOLNYKKKK Merger — Panjiva
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NYK Plays Port Pokemon Ahead of MOLNYKKKK Merger

Corp - Ports 909 Mergers 220 Mode - Containerized 1524 Mode - Seaborne 1845 U.S. 5399

Japanese shipper NYK is acquiring 20% of the Maher terminal in New Jersey. The stake in the three million TEU-per-year facility will add to cargo terminal assets in eight other U.S. locations. This may become a regulatory concern as NYK completes its container business merger with Mitsui OSK and K-Line. The three between them will have assets in all but two of the top 15 ports in the United States.

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