On March 11th, NYK Group company, NYK Holding (Europe) B.V. (“NHE”), reached an agreement with the Norwegian shipping company Westfal- Larsen Group to fully acquire Saga Welco AS (“Saga Welco”). Saga Welco, a Norwegian shipping operator specializing in transporting cargo via open-hatch vessels*, is currently jointly owned by NHE and the Westfal-Larsen Group, with each …