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NYK cites costs as reason to quit ELAA

by Janet Porter - Lloyd's List last modified Feb 04, 2010 11:45 AM

Japan's NYK Line has resigned from the European Liner Affairs Association and is no longer providing statistics to the organisation which publishes industry-wide trade data.

NYK, which is thought to have given six months’ notice in mid-2009, cited costs as its reason to quit.

Both K Line and MOL left the ELAA a year ago because of concerns about potential breaches of European antitrust law.

Rod Riseborough,...

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