The U.S. Port of Hueneme and ocean carrier NYK Line (OTC: NPNYY) have signed a memorandum of understanding (MOU) to establish a green automotive shipping corridor between Japan and Southern California.
The signing ceremony took place on Feb. 12 at the port, the companies said in an announcement.
“The MOU solidifies the commitment of both parties to explore innovative and sustainable shipping practices, with an emphasis on reducing greenhouse gas (GHG) emissions, advancing energy efficiency, and...