Search results for: Nippon Yusen Kaisha (NYK Line)

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  • 17 April 2018

    Nippon Yusen Kaisha (NYK Line) has set up a plan to issue unsecured corporate bonds in May in order to fund LNG-fueled and LNG bunkering vessels.

  • 20 January 2016
    Business & Finance

    Japanese shipping company Nippon Yusen Kaisha (NYK Line) has concluded a long-term contract with compatriot Hokuetsu Kishu Paper Co for a new wood-chip carrier. The new wood-chip carrier will be built by Japanese shipbuilder Oshima Shipbuilding Co. and delivered in 2018, NYK said in a release. Based on the vessel’s design characteristics, the ship will […]

  • 14 November 2018
    Vessels

    Japanese shipping giant Nippon Yusen Kaisha (NYK Line) signed a charter contract with China’s Unipec, the trading arm of state oil major Sinopec, for a 149,700-cbm LNG carrier. NYK will charter the 2007-built Grace Acacia to Unipec for four-and-a-half years starting in February 2019. Chinese LNG imports have been rising steadily as the country is […]

  • 10 April 2019
    Project & Tenders, Vessels

    Nippon Yusen Kaisha (NYK Line) said it has signed a contract with Edison, a Milan-based energy company, to charter out a newly built liquefied natural gas (LNG) carrier for up to 20 years, including optional extension periods.

  • 2 October 2018
    Project & Tenders, Vessels

    Japanese shipping giant Nippon Yusen Kaisha (NYK Line) signed a seven-year contract with Total Gas & Power Chartering, a unit of France’s Total, for a newbuild LNG carrier. 

  • 21 January 2016
    Business & Finance

    Japanese shipping company Nippon Yusen Kaisha (NYK Line) took delivery of a new 90,781 dwt coal carrier, Shin Sekiyo, from Nagasaki-based shipyard Oshima Shipbuilding Co. Ltd. on January 15. After delivery, Shin Sekiyo, the successor to the first Sekiyo operated by NYK, will be assigned to transport coal mainly from Australia and Indonesia to power plants operated by Chugoku […]

  • 14 December 2018
    Business & Finance

    Mitsubishi Shipbuilding christened a new LPG carrier for Astomos Energy Corporation on December 13.

  • 5 October 2016
    Business & Finance

    Japanese shipping company Nippon Yusen Kaisha (NYK Line) took delivery of a new coal carrier, Noshiro Maru, from its compatriot shipbuilder Oshima Shipbuilding on September 30, 2016.  The delivery and naming ceremony was held at the shipyard in Saikai, Nagasaki, on the same day. The 90,150 dwt Noshiro Maru features a length of 235 meters and […]

  • 29 June 2016
    Vessels

    BP’s British Merchant with a 135,500 cubic meters capacity is the first liquefied natural gas carrier to transit the expanded Panama Canal late July.

  • 29 February 2016
    Business & Finance

    Seventeen container shipping companies are facing sanctions due to alleged price fixing activities in the period from 2009 to 2013 between Peru’s Callao port and Asia, the Peruvian standards development organization Indecopi informs. If the allegations are confirmed, each company could receive a fine amounting to 12 percent of its parent company’s annual earnings, Reuters cited an official from the organization. […]

  • 12 June 2018
    Business & Finance

    ONE takes delivery of ONE Stork, its first magenta-colored newbuilding containership.

  • 6 September 2016
    Business & Finance

    Japanese shipping company Nippon Yusen Kaisha (NYK Line) along with French multinational electric utility company ENGIE and Japan’s Mitsubishi Corporation have launched Gas4Sea, a new brand for their joint marketing of liquefied natural gas (LNG) as a marine fuel. The parties said that Gas4Sea aims to lead innovation through the ship-to-ship supply of LNG for the maritime sector. […]

  • 8 September 2016
    Business & Finance

    The video above shows the Engie Zeebrugge, the first liquefied natural gas (LNG) bunkering vessel (LBV) in the world that will operate under the newly launched brand Gas4Sea. Ordered in June 2014, the vessel is currently under construction in South Korea. The LBV will be delivered at the end of this year. The Engie Zeebrugge features […]

  • 11 May 2016
    Business & Finance

    The Panama Maritime Authority and Azerbaijan’s port of Baku have entered into a memorandum of understanding in an effort to encourage technical progress of the two nations’ maritime sector. Inked by Jorge Barakat, the Minister of Maritime Affairs of Panama, and Taleh Ziyadov, Director-General of the Port of Baku, the agreement between the parties was wrapped up during the conference organized by […]

  • 1 May 2016
    Business & Finance

    China COSCO Shipping’s container vessel Andronikos has won the draw for the first transit through the Expanded Panama Canal during the waterway’s inauguration on Sunday, June 26. Featuring a maximum capacity of 9,400 TEUs, the 299.98-meter long ship was elected during a draw held on Friday at the Panama Canal Administration Building. The Norwegian/Swedish shipping line Wallenius Wilhemsen […]

  • 15 February 2017
    Business & Finance

    The first purpose-built liquefied natural gas (LNG) bunkering vessel Engie Zeebrugge has been delivered from Hanjin Heavy Industries at the Yeongdo shipyard in Busan, Korea. Handed over to the Japanese shipping company Nippon Yusen Kaisha (NYK Line), French multinational electric utility company ENGIE, Japan’s Mitsubishi Corporation and Belgium-based Fluxys, the new dual fuel vessel features a […]

  • 27 December 2013
    Business & Finance

    The Federal Maritime Commission (FMC) announced compromise agreements reached with two common carriers operating pure car carriers (PCCs) and roll on/roll off (RO/RO) vessels in U.S. inbound and outbound trades. Under these separate agreements, Kawasaki Kisen Kaisha Ltd. (K Line), paid $1,100,000 in civil penalties and Nippon Yusen Kaisha (NYK Line), paid $1,225,000 in penalties. […]

  • 13 June 2016
    Business & Finance

    The Neopanamax container vessel COSCO Shipping Panama has set sail from the Greek Port of Piraeus on its way to Panama where it will make the inaugural transit of the Expanded Panama Canal on June 26, after a 14-day journey. Constructed and launched in January 2016, Cosco Shipping Panama is 299.98 meters in length and 48.25 meters in […]

  • 12 February 2016
    Business & Finance

    In response to the current freight rates in the dry bulk shipping industry, Japanese shipping company Nippon Yusen Kaisha (NYK Line) is planning to take a number of its Capesize bulkers out of service for a period of months, or even years, until demand is restored, Platts cites the company’s Manager of Capesize Chartering Izuru Ehara. Out […]

  • 1 December 2014
    Business & Finance

    Japan-based Nippon Yusen Kaisha (NYK) Line made its first direct route from Kaohsiung to the Port of Subic, the Philippines, joining other major shippers in using this free port as an alternative to the congested Port of Manila. NYK’s MV Jakarta Towers, a 688-gross tonnage Liberian-flagged cargo vessel, made its first port call at Subic […]

  • 23 August 2017
    Business & Finance

    Each container carrier alliance will need to close one service in the Asia-Europe trade line so as to cut the significant capacity increase driven by expected phase-in of the new large vessels into the trade, according to SeaIntel Maritime Analysis. From the second half of 2017 to the second half 2018, there will be a 11.5% […]

  • 19 April 2016
    Business & Finance

    The first ship reservation for the Expanded Panama Canal was granted to a Neopanamax liquefied petroleum gas (LPG) tanker Linden Pride, owned by Japanese shipping company Nippon Yusen Kaisha (NYK Line). “Today marks an important day in canal history because the reservation system is now opened for Neopanamax ships that will start using the new lane starting June […]