Freight News, Sea

NYK signs Saudi car port deal

[ September 9, 2015   //   ]

NYK has signed a joint-venture agreement with Ports Development Company in Saudi Arabia to establish a ro ro terminal operating company at King Abdullah port on the Red Sea coast. The KAP RORO Terminal is planned to go into full operation by the third quarter of 2016 and will be NYK’s first automotive logistics base in the Middle East.