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NYK already operates dedicated car-carrier terminals in the ports of Dalian, Tianjin, and Shanghai, and this investment in Nansha, Guangzhou, gives NYK capital participation in dedicated car-carrier automobile terminals at China’s four major ports. Through these ports, NYK will be able to provide a more convenient service by combining ocean transport by dedicated car-carriers, PDI, (1) and the inland transport of finished cars. In the port of Nansha, NYK will utilize its accumulated expertise with respect to dedicated car-carrier terminals and finished-car logistics business in China and around the world. To better respond to diverse customer needs in China, where the automobile market has rapidly grown to become world’s largest, the NYK Group will make efforts to further strengthen the finished-car logistics business in China. Guangzhou Port Nansha Automotive Terminal Co., Ltd. Head office: Guangzhou, Guangdong Province, PRC Establishment: November 2005 Capital: 213 million yuan Equity shares: Port of Guangzhou Container Comprehensive Development Co. Ltd. 45%; Guangzhou Automobile Group Business Co. Ltd. 27.5%; Guangzhou Nansha Infrastructure Investment Co. Ltd. 15%; NYK 12.5 % Chairman: Cai Jinlong Main business: Operating a terminal for dedicated car carriers Quay length: 623 meters Total area: 423,000 square meters (1) PDI (Pre-Delivery Inspection): services for pre-delivery inspection, repair, and supply of parts for finished cars NYK Line |
NYK Invests in Guangzhou Port Car-carrier Terminal