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NYK strengthens links with Hunan province

NYK strengthens links with Hunan province

Tokyo: NYK looks set to expand its trade with China's Hunan province after  president Yasumi Kudo received the visit of a delegation led by Chen Zhao Xiong, vice-governor of Hunan province, and Li Xiao Wei, chairman of Hunan Valin Iron & Steel Group Co.

At the meeting, President Kudo expressed his gratitude for last year's first contract for the transport of iron ore and his hopes for strengthening relations between the two companies. In response, Chairman Li  thanked NYK for its stable transport of iron ore that NYK currently provides and expressed his desire for "steadfast relations between the companies for their mutual growth".

In addition, vice-governor Chen pointed out that Hunan is a province that has seen rapid development, and is in great need of land transport to its inner regions, so he expressed his hope for the NYK Group to further enhance its wide range of services beyond the ocean transport of iron ore for Hunan Valin. NYK also operates a domestic logistics business in China.

Hunan Valin is an iron and steel manufacturer formed by a government-coordinated merger of three iron and steel manufacturers in 1997. In 2009, the company produced 11.81 million tons of steel, the 10th largest volume in China for the year.  [25/06/10]