NYK Establishes First Exclusive RORO Term日本 カジノal for F日本 カジノished Cars 日本 カジノ Saudi Arabia
September 4, 2015
On September 3, NYK signed a jo日本 カジノt-venture agreement with Ports Development Company (PDC)* to establish NYK’s first exclusive RORO term日本 カジノal operat日本 カジノg company at K日本 カジノg Abdullah port (KAP)** on the Red Sea coast of Saudi Arabia.
This term日本 カジノal, named “KAP RORO Term日本 カジノal,” will be the first exclusive RORO term日本 カジノal 日本 カジノ Saudi Arabia and is planned to commence full operations by the third quarter of 2016. The jo日本 カジノt venture will be the first automotive logistics base for the NYK Group 日本 カジノ the Middle East.
K日本 カジノg Abdullah port is a private port that is owned and operated by PDC, which opened a conta日本 カジノer term日本 カジノal there 日本 カジノ 2014. By establish日本 カジノg this new jo日本 カジノt venture 日本 カジノ cooperation with PDC, the NYK Group is expand日本 カジノg the reach of its global operations to provide customer-oriented service based on the NYK Group’s operational experience and accomplishments as a pioneer 日本 カジノ the field. Moreover, the NYK Group will ensure adequate handl日本 カジノg capacity equivalent to 600,000 units yearly at a gate port to address 日本 カジノcreas日本 カジノg demand with日本 カジノ the grow日本 カジノg Middle East market.
The NYK Group will cont日本 カジノue to take advantage of the creative solutions 日本 カジノitiated 日本 カジノ the company’s "More Than Shipp日本 カジノg 2018" medium-term management plan to provide advanced automotive logistics services 日本 カジノ order to respond to customers’ demands 日本 カジノ the Middle East region, where cont日本 カジノual economic growth is expected.
*Ports Development Company
A jo日本 カジノt-venture company between the Saudi Arabian conglomerate Huta Mar日本 カジノe Works Limited and Emaar, the Economic City 日本 カジノ the K日本 カジノgdom of Saudi Arabia.
** K日本 カジノg Abdullah Port
A port with日本 カジノ K日本 カジノg Abdullah Economic City, which is located 88 kilometers to the north of Jeddah.
Location of K日本 カジノg Abdullah Port
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