NYK Establishes Logistics Company for Finished Cars in Kenya

NYK has signed a joint-venture agreement with Bollore Transport & Logistics Kenya Limited (Bollore) and Toyota Tsusho Corporation to establish Bollore NYK Auto Logistics Limited,* a logistics company for finished cars. In late August, a signing ceremony was held in Kenya, and attended by Eric Melet, Managing Director of Bollore, Takashi Hattori, Senior Managing Director of Toyota Tsusho Corp., Koichi Chikaraishi, senior managing corporate officer of NYK at which time they attended the ceremony to commemorate MOUs in TICAD VI.

Kenya, a country currently experiencing strong economic growth, is expected to see a rise in finished car imports and become a gate port for countries in East Africa. At the port of Mombasa, Kenya, this new company will offer a variety of services, such as inland transport, and PDI** as well as car storage and customs clearance within this year.

Making use of a strategic partnership combining the knowledge and the expertise that Bollore and Toyota Tsusho have accumulated through their business activities, together with NYK’s extensive experience with finished-car logistics solutions around the world, Bollore NYK Auto Logistics Limited will be well positioned to provide widespread customers with high quality services for East Africa.

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