| Tata Steel enters shipping, signs deal with NYK |
| Our Web Bureau / Mumbai December 4, 2006 |
| Tata Steel and Nippon Yasen Kabushiki Kaisha (NYK Line) has entered into a 50:50 joint venture agreement for setting up a shipping company to cater to dry bulk and break bulk cargo. According to a release issued by Tata Steel to the BSE today, the agreement was signed today by managing director B Muthuraman and Hiromitsu Kuramoto, senior managing corporate officer of NYK Line. "Nippon Yusen Kabushiki Kaisha is one of the world |
