Search results for: nyk

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  • 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. […]

  • 20 September 2019
    Business & Finance, Rules & Regulation

    NYK became the first Japanese shipping company to realize a carbon-neutral voyage by offsetting 5,000 tons of CO2.

  • 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 […]

  • 14 March 2016
    Business & Finance

    Tokyo-based shipping line NYK Group (Nippon Yusen Kaisha) has decided to establish a new company, Symphony Creative Solutions (SCS) in Singapore, to develop and market new solutions in the shipping and logistics fields. NYK, along with its subsidiaries, the Monohakobi Technology Institute and NYK Business Systems, has teamed up with Weathernews and Kozo Keikaku Engineering for the new venture to […]

  • 16 July 2012
    Business & Finance

    Nippon Yusen Kaisha and two NYK Group companies, the Monohakobi Technology Institute (MTI) and NYK-Hinode Line Ltd., have completed two years of experiments on the air-lubrication systems installed on two of the group’s module carriers, Yamato and Yamatai, and resultantly confirmed an average 6 percent reduction in CO2 emissions during actual sea passage. The air-lubrication […]

  • 7 December 2018
    Vessels

    Japanese shipping giant NYK said Friday it signed a long-term contract with a unit of French energy giant Total to charter two liquefied natural gas (LNG) carriers. Under the deal, Total Gas & Power Chartering will charter from NYK two new 174,000-cbm LNG carriers that will be built by Samsung Heavy Industries in Korea and […]

  • 15 October 2012
    Business & Finance

    NYK has decided to build four next-generation type PCTCs (Pure Car and Truck Carrier). Two of the vessels will be built by Imabari Shipbuilding Co. Ltd. at its factory in Marugame city in Kagawa prefecture with technical assistance being provided by Mitsubishi Heavy Industries Ltd. The other two vessels will be built by Shin Kurushima […]

  • 28 July 2017
    Business & Finance

    The technology group Wärtsilä has been contracted to supply the exhaust gas cleaning systems for two new 56,000 dwt Handymax bulk carriers. The ships are being built at Japan’s Oshima Shipbuilding for Tokyo-based NYK Bulk & Projects Carriers (NYK BP), a wholly owned subsidiary of Nippon Yusen Kabushiki Kaisha. Wärtsilä will also provide project management […]

  • 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.

  • 2 April 2018
    Vessels

    Nippon Yusen Kaisha (NYK) named its new LNG carrier, the Marvel Falcon, at the Samsung Heavy Industries’ Geoje shipyard. 

  • 10 November 2011
    Business & Finance

    On November 8, NYK Shipmanagement Pte. Ltd., an NYK Group company, held a ceremony at its head office in Singapore to celebrate the 10th anniversary of its establishment. The ceremony was attended by about 200 guests including the Japanese ambassador to Singapore H.E. Yoichi Suzuki, Panamanian ambassador to Singapore H.E. Jose Antonio Ruiz, and officials […]

  • 14 November 2013
    Business & Finance

    NYK Stolt Tankers S.A. (NST), launched as a joint venture company by NYK and Stolt Tankers B.V., the tanker division of Stolt-Nielsen Limited, a Norwegian business group, has ordered a 38,000 deadweight ton parcel tanker from Hudong-Zhonghua Shipbuilding (Group) Co. Ltd.. On October 29, the shipbuilding company held a signing ceremony that was attended by […]

  • 4 October 2011
    Business & Finance

      The NYK-TDG Maritime Academy (NTMA) held a graduation ceremony on September 16 for the first 116 students enrolled at the academy. NTMA is jointly run by NYK and business partner Transnational Diversified Group (TDG). The students completed three years of academic study and one year of training on board NYK vessels. The graduation ceremony […]

  • 11 May 2012

    A model of NYK Super Eco Ship 2030, NYK’s future concept ship, will be displayed at Expo 2012, an international exposition to be held in Yeosu, Korea, from May 12 to August 21. NYK Super Eco Ship 2030 will make use of progressive technologies that have the potential of being realized by 2030. The power […]

  • 17 November 2016
    Business & Finance

    NYK Ports, a subsidiary of Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK), has acquired a 20 percent share in the US-based terminal operator Maher Terminals, which operates a terminal in the Port of New York and New Jersey.  NYK said it made the decision to invest in Maher Terminals together with Macquarie Infrastructure Partners III […]

  • 9 October 2014
    Vessels

    NYK recently concluded a time-charter contract with Mitsui & Co. for an LNG carrier for the Cameron liquefaction project based in the U.S. state of Louisiana.  The ship will be delivered in 2018 and assigned to transport this project’s LNG for a maximum of 25 years, NYK said in a statement. The new vessel will be owned […]

  • 29 June 2017
    Project & Tenders, Vessels

    Japan’s Nippon Yusen Kaisha (NYK) and compatriot Kyushu Electric Power have agreed to partner in various fields such as liquefied natural gas (LNG) as fuel. The agreement would allow Kyushu Electric to consider using ships in the NYK fleet for short-term demands of LNG transport, NYK said in a statement on Thursday. The shipping giant added […]

  • 8 September 2014
    Business & Finance

    A new LNG vessel ordered by Trans Pacific Shipping Ltd., a joint venture company comprising Nippon Yusen Kabushiki Kaisha (NYK), Chubu Electric Power Co. Inc., and the Mitsubishi Corporation, was named on September 5 at the Nagasaki Shipyard & Machinery Works of Mitsubishi Heavy Industries Ltd. At the ceremony, Toshio Mita, chairman of Chubu Electric Power, […]

  • 16 January 2020

    Sweden’s Northern Offshore Group AB (NOG) and Japanese shipping company NYK have agreed to a memorandum of understanding (MoU) for a crew transfer vessel (CTV) business for offshore wind projects in Japan. NYK and NOG, the parent company of Northern Offshore Service AB (NOS), will start a joint study of a new CTV service to […]

  • 16 December 2019

    Classification society ClassNK certified the Cyber Security Management System (CSMS) of NYK Group unit’s NYK LNG Shipmanagement and its managed LNG carrier Pacific Mimosa.

  • 30 June 2015
    Business & Finance

    Japanese shipping liner Nippon Yusen Kabushiki Kaisha Ltd. (NYK) agreed to pay a ZAR 104 million (USD 8.5m) fine after admitting liability for several instances of price fixing, market allocation and collusive bidding for tenders to transport motor vehicles to and from South Africa, the Competition Commission of South Africa announced in a statement. The Commission found that NYK colluded on 14 tenders with its […]