Ammonia-powered tug Sakigake joins NYK Line’s fleet
NewsSakigake embarks on a new chapter with its transformation into the “world’s first ammonia-powered tugboat”.
Yusen and İnci tie-up
Tokyo-based Yusen Logistics (YL), part of the NYK group, is strengthening its activities in Turkey through a strategic alliance with Turkey’s İnci Logistics.
While YL has an expanding global network, Turkey has a burgeoning automotive industry, a sector that is very important to YL’s business. For İnci, an alliance with YL gives it access to a global platform, including the use of YL’s general agencies and overseas office network.
Perihan İnci, president of İnci Holding, said: “This collaboration reflects increasing Turkish foreign trade and the need for competitive solutions for export traffic to a growing number of countries, as well as the needs of global brands in the Turkish domestic market.
“We are now in a position to accelerate our development in the sector, as Yusen is already active in countries where there is a concentration of Turkish foreign trade, serving leading global brands.”
The size of the Turkish logistics market is already significant, with the İnci executive saying that it was currently worth US$80B-100B and would rise to US$108B-140B by 2017. Ian Veitch, managing director of YL Europe, said: “YL has ambitious growth plans for Turkish markets where we see significant opportunity in both the short and long term, in terms of both domestic and international solutions. I am delighted to endorse this partnership and we look forward to working with İnci Logistics to increase activity in this region.
Read this item in full
This complete item is approximately 250 words in length, and appeared in the October 2014 issue of WorldCargo News, on page 21. To access this issue download the PDF here.
You just read one of our articles for free
To continue reading, subscribe to WorldCargo News
By subscribing you will have:
- Access to all regular and exclusive content
- Discount on selected events
- Full access to the entire digital archive
- 10x per year Digital Magazine