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Japan-Update

Japan containership merger seen saving $440m in first year

Nippon Yusen, Kawasaki Kisen and Mitsui OSK target port fees, payroll

TOKYO -- Japan's three big maritime transport companies expect the integration of their container-shipping operations to reduce costs by a combined 50 billion yen ($440 million) for the fiscal year ending in March 2019, top officials told The Nikkei.

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