NYK And IPC Agree On Tanker Services

March 30, 2000

NYK Line and International Product Tankers Limited (IPC) concluded a Cooperation Agreement providing upgraded product tanker services to their respective customers while mutually enhancing trade.

The venture calls for IPC to market NYK's product tanker fleet to European and U.S. customers when floating in European of Atlantic waters, while NYK will market IPC's product tanker group to its Japanese and Korean customers.

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