NYK Opens Hyderabad Agency

Japanese carrier NYK Line opened its own agency office at Hyderabad, a major inland cargo location in the southern state of Andhra Pradesh, India.

The company’s wholly-owned local subsidiary, NYK Line (India) Ltd., took over operations from its erstwhile third party agent, Coronet Shipping Agencies.

The new office will primarily handle liner and logistics activities of the company, said NYK officials.

The Indian unit earlier established its own offices at Mumbai, New Delhi, Kolkata, Bangalore, Cochin, Tuticorin and Pipavav.

NYK Line is a vessel provider on the Indamex Service, connecting the Indian Subcontinent and the U.S. East Coast, along with Hapag-Lloyd, CMA CGM, and Orient Overseas Container Line.

The Tokyo-based company also operates a separate logistics entity in India with headquarters at Mumbai, offering project cargo transportation, customs clearance and other logistics services. It has a joint venture arrangement with state-owned Container Corp. of India to handle automobile movements by rail.

JOC Staff | Dec 30, 2009 3:03PM GMT
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