Search results for: Nippon Yusen Kabushiki Kaisha

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  • 22 February 2018
    Business & Finance

    Nippon Yusen Kabushiki Kaisha develops a tool that collects and visualizes the sound of an engine.

  • 16 April 2015
    Business & Finance

    The new president of Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK Line) Tadaaki Naito has called for a more prudent and rational approach to investment in the upcoming period to avoid unnecessary risk-taking. “I believe that it is important to calmly and prudently verify in our investment decision-making process that we are fully in control […]

  • 14 February 2018
    Business & Finance

    Nippon Yusen Kabushiki Kaisha has discovered a potential embezzlement case in one its subsidiaries.

  • 18 March 2014
    Business & Finance

    The Japan Fair Trade Commission (JFTC) today issued cease and desist orders and surcharge payment orders against four international ocean shipping companies. The JFTC issued orders against Nippon Yusen Kabushiki Kaisha, Kawasaki Kisen Kaisha, Ltd., Wallenius Wilhelmsen Logistics, AS and Nissan Motor Car Carrier Co., Ltd, under Article 7(2) and Article 7-2(1) of the Antimonopoly […]

  • 21 November 2019
    Business & Finance

    The remaining 50% stake will be held by Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK).

  • 1 December 2016
    Project & Tenders, Vessels

    Nippon Yusen Kabushiki Kaisha and Kansai Electric Power have set up a joint venture company that will own an LNG tanker currently under construction at the Kawasaki Heavy Industries’ Sakaide shipyard.

  • 31 October 2017
    Business & Finance

    Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK Line) wrapped up the first six months of the fiscal year 2018 with a net income of JPY 6.29 billion (USD 55.5 million), compared to a net loss of JPY 231.8 billion posted in the same period last year. From April 1, 2017, to September 30, 2017, […]

  • 30 April 2015
    Business & Finance

    Japanese shipping and logistics company Nippon Yusen Kabushiki Kaisha (NYK) improved its annual net profit by 44% in the fiscal year ended March 31, 2015. NYK ended the FY2014 with YPY 47.6 billion (USD 400.8 million), YPY 14.5 billion more than what the company had made in FY13. The improved results were attributed to a weaker yen and lower […]

  • 30 May 2019

    The terminal is readying for its first cargo export after starting production mid-May.

  • 17 November 2015
    Business & Finance

    Tokyo-based Nippon Yusen Kabushiki Kaisha (NYK) has ordered 5,500 40-foot refrigerated (reefer) containers. Delivery of the new units has already commenced. The new order includes 700 Controlled Atmosphere (CA) containers. NYK said that the “CA technology regulates not only the temperature within the reefer unit but also the oxygen and carbon dioxide levels.” NYK added that […]

  • 24 September 2019

    Malaysian LNG shipping giant MISC, a unit of Petronas, said it has signed a deal with Mitsubishi Corporation and Nippon Yusen Kabushiki Kaisha (NYK) to co-own two newbuild LNG vessels.

  • 11 July 2016

    Japanese shipping giant Nippon Yusen Kabushiki Kaisha (NYK) said it is continuing promotion and development of LNG as fuel for ships to reduce environmental footprint. NYK said in a statement on Monday it has been “conducting technical research and development on the use of LNG to fuel ships in order to meet the tightened regulations […]

  • 28 October 2015
    Business & Finance

    Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) has become the sole owner of its Vietnam-based subsidiary – NYK Line (Vietnam) Co. Ltd.  Back in November 2006, NYK Line (Vietnam) Co. Ltd. was established as a joint-venture maritime transport agency between NYK and Vietnam’s  VOSA Group of Companies. NYK initially had 51% of equity shares in the company, with VOSA controlling the remaining […]

  • 15 May 2015
    Business & Finance, Project & Tenders

    Construction works on a new container terminal at Tanjung Priok Port, Jakarta, Indonesia, are progressing according to schedule and within the budget.  The NewPriok Project is expected to greatly increase Jakarta’s port capacity through increasing the port’s water depth to 20 meters in order to accommodate larger and newer types of vessels with more than 15,000 TEU […]

  • 13 June 2016

    Nippon Yusen Kabushiki Kaisha on Monday said it has signed an agreement with Ezra Holdings and the LNG engineer Chiyoda Corporation to acquire a 25 percent share of EMAS Chiyoda Subsea.

  • 1 September 2015

    Nippon Yusen Kabushiki Kaisha informed that it has been delivered Japan’s first LNG-powered vessel, the Sakigake tugboat.

  • 6 July 2018
    Business & Finance

    Central LNG Shipping placed an order a 3,500 m3 LNG bunkering vessel with Kawasaki Heavy Industries.

  • 28 April 2016

    United European Car Carriers (UECC) recently launched the TBN Auto Eco, a dual-fuel LNG pure car and truck carrier (PCTC) at NACKS shipyard in Nantong, China.

  • 31 October 2016
    Business & Finance

    Japan’s big three container shipping companies have agreed to establish a new joint-venture company to integrate their container shipping businesses. After the resolution by the board of directors of each company held today, and subject to regulatory approval from the authorities, Kawasaki Kisen Kaisha (K Line), Mitsui O.S.K. Lines (MOL), and Nippon Yusen Kabushiki Kaisha (NYK Line) […]

  • 25 December 2015
    Project & Tenders, Vessels

    The Japan Bank for International Corporation (JBIC) recently agreed to fund the acquisition of two LNG carriers by Diamond LNG Shipping, a company jointly owned by Mitsubishi Corporation and Nippon Yusen Kabushiki Kaisha.

  • 15 February 2017
    Business & Finance

    Necotrans Singapore has filed an application to wind up Ezra’s associate company EMAS AMC. Ezra informed it was made aware on February 13, 2017, that Necotrans Singapore has filed a winding up application with the High Court of the Singapore on February 06, 2017. EMAS AMC is a wholly owned subsidiary of Emas Chiyoda Subsea […]

  • 13 July 2016
    Operations & Maintenance

    SBM Offshore informed that the FPSO Cidade de Saquarema is formally on hire after achieving first oil. The FPSO is installed in the Lula field (BM-S-11 contract) in the pre-salt province offshore Brazil. It will operate under a 20-year charter with Tupi BV as well as an operations contract with the BM-S-11 consortium. The BM-S-11 block is under […]