Search results for: nyk

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  • 23 November 2011
    Business & Finance

    NYK, NYK Group South Asia Pte. Ltd (NGSA), and NYK Shipmanagement Pte. Ltd (NYKSM) conducted an accident-response drill on November 15 based on the mock scenario of NYK containership NYK Themis being involved in a serious accident. NGSA is a Singapore-based subsidiary that manages NYK’s container business, and NYKSM is the NYK Group’s Singapore-based ship-management […]

  • 14 June 2012
    Business & Finance

    On June 12, HRH Prince Philippe of the Kingdom of Belgium; Didier Reynders, deputy prime minister and minister of foreign affairs, foreign trade, and European affairs; and accompanying delegates visited the NYK head office and met with NYK chairman Koji Miyahara, president Yasumi Kudo, and board counselor Takao Kusakari. NYK Group company representatives were also […]

  • 19 July 2013
    Business & Finance

    On three dates in July, NYK hosted safety promotion conferences for shipowners and ship-management companies based inside and outside Japan as part of NYK’s two-month Remember Naka-no-Se Campaign. Thirty-three participants from 19 overseas ship-management companies attended a session at the NYK head office in Tokyo on July 2, and 70 participants from 30 shipowners and […]

  • 13 February 2014
    Business & Finance

    NYK has started transporting oil for an affiliate of the Thai Oil Public Co. Ltd. (Thai Oil) using a third very large crude-oil carrier (VLCC), Taizan (built: 2002; DWT: about 300,000 tonnes). Taizan is scheduled to shuttle oil primarily from the Arabian Gulf to Thailand for three years, which will allow for the continued economic […]

  • 11 December 2012
    Business & Finance

    NYK and an affiliate of Thai Oil Public Co. Ltd. (Thai Oil) have agreed to terms on a long-term contract for the charter of the very large crude-oil carrier (VLCC) Tateyama (built: 2002; DWT: about 300,000 tonnes) to shuttle oil primarily from the Arabian Sea to Thailand. The contract, which is for at least three […]

  • 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 […]

  • 29 September 2016
    Business & Finance

    Nippon Yusen Kabushiki Kaisha (NYK) has completed its investment in EMAS CHIYODA Subsea (ECS). Through the acquisition of existing shares from Ezra and Chiyoda, NYK now holds a 25% equity interest in ECS. Ezra and Chiyoda retain their respective 40% and 35% shareholding in ECS. Tadaaki Naito, president, president corporate officer of NYK, said, “This partnership signifies an […]

  • 28 December 2011
    Business & Finance

    NYK made a booth presentation at Eco-Products 2011, one of the largest environmental exhibitions in Japan, which was held from December 15 to 17 at Tokyo Big Sight (Koto-ku, Tokyo). The company exhibited under the theme “Achieving environmental friendly monohakobi (transport).” A total of 181,500 visitors attended the exhibition, with many of them visiting the […]

  • 3 August 2017
    Business & Finance

    The Australian Federal Court has convicted Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) of criminal cartel conduct and ordered it to pay a fine of AUD 25 million (around USD 20 million). However, without the NYK’s cooperation on the matter, the fine would have been even bigger, ACCC said. As informed, this is the […]

  • 26 December 2013
    Business & Finance

    NYK has received the highest rating on the Sumitomo Mitsui Banking Corporation’s  Sustainability Assessment Loan. In this assessment, it was determined that NYK’s approaches for its environmental management (climate change), employee relations, and CSR management were at an extremely high level. In addition, NYK earned the highest rating for excellent approaches toward ESG (environment, society, […]

  • 31 October 2012
    Business & Finance

    On October 22, NYK Line became the first Japanese shipping company to make use of the Port of Oakland’s shoreside electric power supply when the containership NYK Apollo was directly connected to the port’s unit. NYK Apollo, which is equipped with a 6.6 KV alternative maritime power (AMP) container unit, arrived at the Oakland International […]

  • 30 March 2012
    Business & Finance

      NYK’s Ship Energy Efficiency Management Plan (SEEMP) and the company’s implementation procedure have been certified by Nippon Kaiji Kyokai (ClassNK) to be in compliance with the IMO Guidelines adopted by MEPC 63, making the company’s plan and implementation procedure the first in the world to receive this certification. SEEMP was developed by a specialized […]

  • 8 March 2012
    Business & Finance

      NYK’s Sydney and Melbourne offices received ISO14001 certification in February 2012 for NYK’s Global Multisite System, giving the NYK Group ISO14001 certification in all six of its global regions — North America, Central and South America, Europe, China, Asia, and Oceania — in addition to Japan. In 2002, the NYK Group’s environmental activities on […]

  • 12 February 2013
    Business & Finance

    For a third consecutive year, NYK has received the highest rating on the Sumitomo Mitsui Banking Corporation’s Environmental Assessment Loan. NYK places environmental issues at the top of its corporate priorities. In fact, the company’s medium-term management plan, “More Than Shipping 2013,” establishes a clear goal of increasing fuel-efficiency by 10 percent by 2015 over […]

  • 27 July 2011
    Business & Finance

    NYK conducted an accident-response drill together with the Japan Coast Guard on July 26 based on a mock scenario having NYK LNG carrier Al Khor spill oil in Tokyo Bay followed by NYK’s cooperation with the Japan Coast Guard to address the accident. NYK conducts accident-response drills about 10 times a year, but this drill […]

  • 27 August 2015
    Business & Finance

    The first consignment comprising 1,380 new Figo Aspire vehicles produced at a plant of Ford India in Sanand, Gujarat, were loaded onto NYK’s Grand Dahlia at the newly constructed NYK RoRo terminal facility at the port of Pipavav on August 26. Construction of this RoRo terminal began in July 2014 by NYK Auto Logistics (India) Pvt. Ltd […]

  • 20 March 2019
    Business & Finance

    NYK expects to record a gain of around USD 89.7 million following the disposal of its North American subsidiary.

  • 26 August 2011
    Business & Finance

    NYK has continued its support of the recovery of the Tohoku area’s fisheries, which were devastated by the Great East Japan Earthquake and the tsunami that followed. The Signal Fire of Hope Fund was founded in July at the suggestion of Yukio Okamoto, an outside director at NYK. The goal of the project has been […]

  • 4 September 2015
    Business & Finance

    Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK Line) NYK signed a joint-venture agreement on Thursday with Saudi Arabia’s Ports Development Company (PDC) to establish NYK’s first exclusive RORO terminal operating company at King Abdullah port (KAP) on the Red Sea coast of Saudi Arabia. The move comes in anticipation of continual economic growth in […]

  • 22 August 2013
    Business & Finance

    NYK president Yasumi Kudo and executive officers held a meeting with six captains and chief engineers at the NYK headquarters in Tokyo on August 20. This meeting was a part of the Remember Naka-no-Se Safety Campaign that NYK conducts every July. President Kudo chairs NYK’s Safety and Environmental Management Committee, which oversees the safe operation […]

  • 12 February 2013

    For a third consecutive year, NYK has received the highest rating on the Sumitomo Mitsui Banking Corporation’s (SMBC) Environmental Assessment Loan. NYK places environmental issues at the top of its corporate priorities. In fact, the company’s medium-term management plan, “More Than Shipping 2013”, establishes a clear goal of increasing fuel-efficiency by 10 percent by 2015 […]

  • 27 July 2011
    Vessels

    NYK conducted an accident-response drill together with the Japan Coast Guard on July 26 based on a mock scenario having NYK LNG carrier Al Khor spill oil in Tokyo Bay followed by NYK’s cooperation with the Japan Coast Guard to address the accident. NYK conducts accident-response drills about 10 times a year, but this drill […]