Nippon Express Holdings, Inc. has established NX Global Ocean Network Pte. Ltd. (NGO) in Singapore with the aim of strengthening its ocean freight forwarding business. The new company opened for business on Monday, May 23.
The NX Group has positioned forwarding as one of its core businesses in the “NX Group Management Plan 2023 – Dynamic Growth”. It has accordingly been working on expanding its handling of ocean cargo as the base cargo for its forwarding business.
In 2020, Nippon Express set up a Global NVOCC Center (GNC) in Japan to select shipping companies, centralize purchasing, develop price-competitive NVOCC products, and improve and support services. To further enhance these functions and expand cargo handling capabilities, the GNC’s functions were transferred to multicultural Singapore, home to a diverse pool of human resources skilled in ocean freight operations.
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