 Complete the following phrase:  In November 1946 after leaving Nortraship Næss established the company Næss, Mejlænder  Co. Inc. in New York with a capital of 50,000. They quickly set up two companies in Panama, Nortuna Shipping Company Inc. and Norness Shipping Company Inc. Næss managed to secure ficing from J. P. Morgan  Co. which became a pillar in the groups growth. Nortuna bought four old US general cargo ships, and two liners were ordered from Mitsubishi Shipbuilding  Engineering in Tokyo, to be built by their dock in Yokohama. Næss made his first visit to Japan in 1949 when the country was still occupied by US forces, and the orders were the first from a foreigner after the war. In the years to come Japanese shipyards were to deliver around 30 vessels to the Næss group. The vessels were named Sagura and Yama, the latter sold just after delivery as the market was bad. That was a huge mistake as the 