NYK Buys In

NYK has acquired, from Toyota Tsusho Corporation, a 25 per cent stake in PT. Patimban International Car Terminal located at the Indonesian port…

NYK has acquired, from Toyota Tsusho Corporation, a 25 per cent stake in PT. Patimban International Car Terminal located at the Indonesian port of Patimban. The port, 120km east of Jakarta, has been developed in successive phases since 2018 with the car terminal now in the process of raising vehicle capacity from 220,000 units/yr to 600,000 vehicles/yr.