Search results for: nyk

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  • 29 September 2016
    Business & Finance

    Japan’s Nippon Yusen Kabushiki Kaisha (NYK) has acquired a 25 percent share of Emas Chiyoda Subsea, based on an agreement signed with Ezra Holdings Limited and the Chiyoda Corporation. NYK decided to invest into Emas Chiyoda Subsea in June this year and the investment was completed on Thursday, September 29. Ezra and Chiyoda retain their […]

  • 9 September 2011
    Business & Finance

      The NYK Group conducts accident-response training exercises regularly and, to prepare for unforeseeable circumstances, the group cooperates with anti-terrorism and anti-piracy training exercises conducted in various countries to enhance the crisis-response capability of group employees. – Anti-terrorism training exercise with the Hong Kong Police Force (HKPF) On July 26, NYK conducted a joint anti-terrorism […]

  • 26 September 2012
    Business & Finance

    The NYK-TDG Maritime Academy (NTMA) held a graduation ceremony on September 24, 2012 for the second group of 118 students enrolled at the academy in Canlubang, Calamba City, in the suburbs of Manila. Enrolled in 2008, the second group of students completed three years of basic classes and training courses using operational simulators and an […]

  • 20 March 2019
    Business & Finance

    NYK Line has signed a USD 80.6 million loan to finance the installation of scrubbers.

  • 25 September 2018
    Business & Finance

    Moody’s has placed NYK’s Baa3 issuer rating on review for downgrade.

  • 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 […]

  • 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

    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 […]

  • 1 October 2013
    Business & Finance

    NYK Bulk & Projects Carriers Ltd., created through the merger of two key wholly owned NYK subsidiary companies, NYK-Hinode Line Ltd. (Hinode) and NYK Global Bulk Corporation (NGB), began operations today. Through this merger NYK Bulk & Projects Carriers Ltd. will strive to improve efficiencies and service quality and employ the NYK Group’s synergy to grow […]

  • 31 August 2012
    Business & Finance

    On August 28, NYK president Yasumi Kudo and executive officers held a meeting with six captains and chief engineers at the NYK headquarters in Tokyo. Every July, NYK conducts its Remember Naka-no-Se Safety Campaign,1 and the meeting is carried out as part of this campaign. President Kudo chairs NYK’s Safety and Environmental Management Committee,2 which […]

  • 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 […]

  • 29 November 2011
    Business & Finance

    NYK has received certification from a third-party certifier, Lloyd’s Register Quality Assurance Limited, for the presentation and disclosure of accurate numerical values, based on proper methods in relation to environmental data, including greenhouse gases (CO2) emitted from its vessels. NYK is the first Japanese shipping company to obtain such certification. In 2003, NYK began participation […]

  • 5 September 2014

    NYK conducted a crisis-response drill based on the scenario of a serious accident occurring on an LNG vessel managed by NYK. This drill is part of the company’s “Remember Naka-no-Se Campaign”, which has been conducted every year to remind NYK Group members of the importance of safe operations and to ensure that lessons remain learnt […]

  • 7 January 2014
    Business & Finance

    NYK has welcomed the first Filipinos to take on the roles of captain and chief engineer on an NYK-operated LNG (liquefied natural gas) vessel. The two men received their promotions in July 2013 at NYK Shipmanagement Pte. Ltd. and began serving in their new roles from December. NYK has focused on the cultivation of future […]

  • 12 November 2013
    Business & Finance

    Nippon Yusen Kaisha received the highest award at the 2013 Nikkei Global Environmental Technology Awards in recognition of the NYK Group’s use of an energy-saving air-lubrication system on the group’s vessels. On November 7, a ceremony hosted by Nikkei Inc. was held at the Nikkei Building in Tokyo and attended by NYK managing corporate officer […]

  • 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 […]

  • 5 July 2013

    On July 4, NYK conducted a crisis-response drill based on the scenario of a serious accident occurring on an LNG vessel operated by an NYK Group company. This drill was part of the company’s Remember Naka-no-Se Campaign, which has been conducted over the months of July and August every year since July 1998 to remind […]

  • 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 […]

  • 7 June 2012
    Business & Finance

    The NYK Group’s NYK Shipmanagement Pte. Ltd.  opened a new office on May 25 in Manila. In the 10 years since its establishment, NYKSM has grown to become a company that provides management services for 220 vessels. In preparation for an increase in ship management services in the coming years and to cultivate a diversified […]

  • 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 […]

  • 29 March 2013
    Business & Finance

      NYK Energy Transport (Atlantic) Ltd, a London based subsidiary of Japanese NYK, a leading global shipping company, and the Paris-based GDF SUEZ, one of the world energy leader, have entered into a time charter of the “GRACE BARLERIA”. The LNG carrier joined the GDF SUEZ LNG fleet on 27th February 2013 for a 4-year […]

  • 20 July 2012
    Business & Finance

      NYK has received certification (assurance statement) from a third-party certifier that attests that NYK reports and discloses accurate numerical values regarding the data for greenhouse gas (GHG) emissions collected from NYK Group companies, after having performed calculations that meet the framework of Scope 1, 2, and even 3 of the GHG Protocol — the […]