Search results for: nyk

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  • 6 December 2013
    Business & Finance

    NYK has concluded a time-charter contract for a new VLGC (Very Large Gas Carrier; cargo tank capacity: 83,000 m3) with Astomos Energy Corporation which is the world’s pre-eminent LPG (Liquefied Petroleum Gas) company. Built by Mitsubishi Heavy Industries Ltd., the new VLGC will be delivered to Kyoei Tanker Co. Ltd in 2015 and chartered out […]

  • 29 September 2011
    Business & Finance

      NYK announces that at the end of October, NYK, Evergreen Marine Corp. (Taiwan) Ltd. (EMC), and Hanjin Shipping Co. Ltd. (HJS) will launch a new joint service, the West India North Asia (WIN) Service, connecting two of the world’s fastest growing economies, India and China. Details of WIN – Frequency: 35 days round fixed […]

  • 26 September 2011
    Business & Finance

      On September 15, Frontier Lodestar, a new 180,000 DWT class ore carrier built by Koyo Dockyard Co. Ltd. (Mihara city, Hiroshima prefecture), a member of the Imabari Shipbuilding Group, was delivered to NYK. The naming and delivery ceremony was attended by Mr. Ronald Peter Jackson, former chartering manager at Tata Steel UK Ltd.; Rajiv […]

  • 5 April 2011

      On March 29, Chairman Koji Miyahara and President Yasumi Kudo of NYK received a visit from President Sergey Ottavich Frank of OAO Sovcomflot Corporation, Russia’s largest national shipping company. During the meeting, they exchanged opinions regarding a future LNG project, and confirmed that the two parties would further strengthen relations on ongoing joint projects […]

  • 27 October 2011
    Business & Finance

      NYK announced its participation in the Brazilian cabotage business through an acquisition of 10 percent of the shares of Maestra Navegação e Logistica S.A. (Maestra) and its two group companies. NYK and Maestra also agreed to nominate one board member from the NYK Group to Maestra’s board of directors and to start Brazilian domestic […]

  • 18 March 2015
    Business & Finance

    Tokyo-based shipping company NYK has decided to implement a new employment scheme in which Japanese seafarers will be engaged to work only on vessels and not within NYK’s offices. NYK says that seafarers with their specialized knowledge and skills are becoming more needed as the company becomes more active in its LNG and offshore businesses. The company is thus making […]

  • 17 May 2019
    Business & Finance

    NYK unveils a new fuel-oil additive for low-sulfur compliant fuel-oil that meets SOx regulations.

  • 31 July 2012

    A new coal carrier of Nippon Yusen Kaisha (NYK), dubbed Soyo, outfitted with the innovative air-lubrication system is about to hit the waters, Sea Trade Asia writes. The air-lubrication system effectively reduces the frictional resistance between a vessel’s bottom and the seawater by means of bubbles generated by supplying air to the vessel’s bottom. The […]

  • 4 February 2020
    Business & Finance

    NYK has placed an order to build a second LNG-fueled pure car and truck carrier with Shin Kurushima Dockyard Co.

  • 29 March 2013
    Project & Tenders, Vessels

    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 period. […]

  • 27 September 2013
    Business & Finance

    On September 25, Knutsen NYK Offshore Tankers AS , of which NYK has a 50% share, held a naming ceremony for a new shuttle tanker that is being built at Hyundai Heavy Industries. The ceremony was attended by KNOT president Trygve Seglem, NYK senior managing corporate officer Hitoshi Nagasawa, and NYK corporate officer Svein Steimler, […]

  • 17 January 2014

    NYK Holding Europe B.V., an NYK Group company, has acquired 100% ownership of Tranco Terminal, the largest car-terminal operating company in Kazakhstan, and operations began under the renamed new company, NYK Auto Logistics (Kazakhstan) LLP, from January 15, 2014. In Kazakhstan, auto sales are rapidly increasing, and a number of auto companies are making plans […]

  • 25 September 2014
    Vessels

    The NYK-operated and managed LNG Flora was recently recognized by the commandant of the Japan Coast Guard for the long-term contribution the ship has made by providing seawater temperatures to the Japan Coast Guard’s Hydrographic and Oceanographic Department. The Japan Coast Guard uses the seawater temperatures in a variety of marine research and information services, […]

  • 30 January 2020
    Vessels

    Japanese shipping giant NYK Line said that Japan’s first LNG-fueled vessel, the tugboat Sakigake, completed the 100th LNG bunkering operation since its delivery in 2015. 

  • 16 February 2018
    Business & Finance

    Nippon Yusen Kabushiki Kaisha and its partners conduct a proof-of-concept experiment for a next-generation onboard IoT platform.

  • 22 February 2013
    Business & Finance

    The NYK Group has completed its Sail On Safety winter safety campaign, which ran from December 1, 2012, through January 31, 2013. The campaign has been conducted annually since 2004 as part of the NYK Group’s proactive measures to prevent accidents that are more likely to occur due to the turbulent seas that are more […]

  • 13 June 2016
    Business & Finance

    Japanese company Nippon Yusen Kabushiki Kaisha (“NYK”) has decided to invest into Emas Chiyoda Subsea, a company recently established by Ezra Holdings Limited (“Ezra”) and Chiyoda Corporation (“Chiyoda”). Through the acquisition of shares from Ezra and Chiyoda, NYK will own 25% of Emas Chiyoda Subsea, with Ezra and Chiyoda retaining 40% and 35% shareholding, respectively, upon completion […]

  • 4 March 2014
    Business & Finance

    NYK is one of 26 companies — the only one in the maritime industry — to have been designated as part of this year’s “Nadeshiko Brand,” an initiative that the Tokyo Stock Exchange (TSE) and Japan’s Ministry of Economy, Trade and Industry (METI) jointly inaugurated in fiscal 2012 for the purpose of selecting and publicizing […]

  • 6 December 2013
    Business & Finance

    On November 18, NYK welcomed 53 environmental supervisors from 48 NYK Group companies to the NYK headquarters for the group’s seventh Environmental Management Conference. This conference is held annually to encourage NYK Group companies to share information on environmental practices, activate communication among one another, strengthen cooperation, and enhance the environmental management of the group. […]

  • 13 December 2013
    Business & Finance

    Japan’s Minister of Land, Infrastructure and Transportation Award, one of the highest awards in the eco-services category, was presented jointly to Nippon Yusen Kabushiki Kaisha, the Monohakobi Technology Institute, and Oshima Shipbuilding Co. Ltd. on December 12, in recognition of the NYK Group’s use of an energy-saving air-lubrication system on its vessels. The awards ceremony […]

  • 19 December 2013
    Business & Finance

    A delivery ceremony was held on December 17 for Hokuriku Maru, a specialized coal carrier having a wide beam and shallow draft for the transport of steaming coal from Australia and Indonesia to power plants operated by the Hokuriku Electric Power Company (Hokuriku Denryoku). A naming ceremony was held at the shipyard on the same […]

  • 16 December 2012
    Business & Finance

    On December 13, two key wholly owned subsidiary companies of NYK — NYK-Hinode Line Ltd. and NYK Global Bulk Corporation – agreed to begin preparations to merge. Hinode has been in business for over a century and transports a variety of cargo, such as plant and heavy equipment, by taking advantage of the company’s advanced […]