Tokyo-based shipping line NYK Group (Nippon Yusen Kaisha) has decided to establish a new company, Symphony Creative Solutions (SCS) in Singapore, to develop and market new solutions in the shipping and logistics fields.

NYK, along with its subsidiaries, the Monohakobi Technology Institute and NYK Business Systems, has teamed up with Weathernews and Kozo Keikaku Engineering for the new venture to further the development of the Symphony Project.

The project, a jointly developed effort formed in July 2014, is aimed at promoting solution services centering on the auto logistics business in Asia.

According to NYK, the new company will incorporate NYK Group’s capabilities and the global network accumulated in the shipping and logistics businesses with Weathernews’ infrastructure network and weather forecast technology, along with Kozo Keikaku Engineering’s simulations created through advanced operations research techniques and data-analysis technology.

From: World Maritime News