The Competition Commission of Singapore (CCS) has given its approval to the merger of the containership operations of NYK, K Line and Mitsui OSK Lines (MOL).

The trio plan to merge their container liner shipping business, and their container terminal services businesses outside Japan.

The CCS conducted a public consultation about the impact of the joint venture on the global supply of container liner shipping services for intra-Asia trade routes, and for trades involving East Asia, including Singapore.

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