Japanese shipping company Nippon Yusen Kaisha (NYK) and local firm Silverbird Auto Logistics have jointly started an inland transportation service in Myanmar for finished automobiles, NYK said.
The Myanmar automobile market, which had traditionally been dominated by used-car imports from Japan, changed dramatically in the last three years with rapid increase of new car imports.
In line with this change, NYK said it is making efforts to expand the company’s logistics services within the country.
In 2011, NYK, which is one of the largest shipping companies in the world, restarted its pure car carrier service to Yangon, and this service is currently offered twice a month.
NYK also offers its customers in Myanmar logistics services that include storage, pre-delivery inspection (PDI), repair, and supply of parts for finished cars, and customs clearance.
Also, NYK, Silverbird Auto Logistics, and Singapore-based Phee Group, which operates shipping agencies and has companies involved in logistics solutions, and liner operations, are working to establish a joint venture company in 2015 – one that will allow NYK to offer comprehensive logistics services in Myanmar.
NYK said it will provide its inland logistics services in Myanmar building on its know-how and experience in Completely Built Up (CBU) transportation in ASEAN countries.
CBUs are automobiles assembled outside a country and imported to that country as a whole unit. NYK’s partner Silverbird currently owns and operates a car carrier for CBU transportation services in Myanmar.