Friday, March 22, 2019
Tuesday, November 20, 2018
Digital Crew Cash: NYK Said to Be Exploring New Digital Currency for Seafarers
By Kiyotaka Matsuda (Bloomberg) — Nippon Yusen K.K., Japan’s largest shipping line by sales, is introducing its own digital currency for crew members, people with knowledge of the matter said....
Tuesday, February 13, 2018
NYK Investigating Embezzlement by Ex-Managers at Chinese Unit
TOKYO, Feb 14 (Reuters) – Japanese shipping company Nippon Yusen KK said it had set up an investigation committee after finding that former managers at a Chinese subsidiary may have...
Wednesday, August 23, 2017
Nippon Yusen to Test Remote-Controlled Vessel in Quest for Autonomous Ships
By Chris Cooper and Kiyotaka Matsuda (Bloomberg) — Japan’s largest container line plans to test a remote-controlled vessel across the Pacific Ocean in 2019 as it pursues fully autonomous technology...
Thursday, August 3, 2017
Australia Fines NYK $25 Million for ‘Criminal Cartel Conduct’
The Federal Court of Australia has convicted Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) of criminal cartel conduct and ordered it to pay a fine of $25 million relating...
Tuesday, January 31, 2017
Sunday, October 30, 2016
Japanese Shipping Companies to Merge Container Operations
By Chris Cooper and Kiyotaka Matsuda (Bloomberg) — Nippon Yusen KK, Mitsui O.S.K. Lines Ltd. and Kawasaki Kisen Kaisha Ltd., Japan’s three largest shipping companies, agreed to merge their container...
Friday, October 7, 2016
Japan’s NYK Line Warns of $1.9 Billion Hit on Shipping Slump
By Naomi Tajitsu and Keith Wallis TOKYO/SINGAPORE, Oct 7 (Reuters) – Nippon Yusen, Japan’s biggest shipper by sales, warned it would book a $1.9 billion hit to first-half income, after...
Friday, April 8, 2016
Nippon Yusen Shopping for Oil-Service Assets as Crude Prices Drop
By Chris Cooper and Kiyotaka Matsuda (Bloomberg) — Nippon Yusen K.K., Japan’s largest shipping line, is looking to buy a company involved in deep-sea oil and gas operations as a...
Tuesday, March 1, 2016
NYK Line Takes Delivery of ‘Cutting Edge’ Containership NYK Blue Jay
NYK Line says it has taken delivery of the “cutting edge” newbuild MV NYK Blue Jay, a uniquely-designed 14,000 TEU capacity containership that promises energy savings equivalent to that of much...
Monday, July 27, 2015
China Probing Car Carrier Lines on Antitrust Claims
By Bloomberg News (Bloomberg) — China’s top economic planning agency is investigating allegations of monopolistic practices by shipping lines that move vehicles, according to people familiar with the matter. The...
Tuesday, June 30, 2015
NYK Fined $8.5 Million in South Africa Price-Fixing Scheme
South Africa’s competition watchdog says it has reached a settlement with Japanese shipping firm Nippon Yusen Kabushiki Kaisha Ltd (NYK) for price fixing, market allocation and collusive tendering in...
Friday, March 13, 2015
NYK Manager Sentenced to Prison Over Price Fixing Conspiracy
An employee of Japan-based NYK has pleaded guilty and was sentenced to 15 months in a U.S. prison for his involvement in a price fixing conspiracy for Ro-Ro shipping services to and from the United States.
Tuesday, December 9, 2014
Monday, November 17, 2014
NYK Ship Loses Containers in Offloading Mishap
The U.S. Coast Guard and local fire department personnel were called late Saturday to enforce a safety zone for containers that fell in the water from the MV NYK Aquarius during an offloading mishap at SSA Facility Berth 57 in the Oakland estuary.
Car Carrier Chief Engineer Pleads Guilty in ‘Magic Pipe’ Case
The chief engineer of a NYK Line car carrier has pleaded guilty in federal court in Baltimore, Maryland, to obstruction of justice and violating the Act to Prevent Pollution from Ships.
Monday, April 14, 2014
JMU to Build Eight 14,000 TEU Containerships for NYK
Japan Marine United has won an order from NYK Line today to build eight 14,000 TEU boxships at their Kure Shipyard. According NYK, the ships are to be delivered between...
Monday, February 3, 2014
Japanese Carriers Steam Back into the Black
The diverse business models of Japanese shipping giants NYK, MOL and K Line pulled them through to profitability at the nine-month stage, ending December 31 – compensating for an overcapacity-induced fall in returns from the beleaguered container sector.
Thursday, August 8, 2013
NYK Line Expands into the Offshore Oil and Gas Sector as Freight Wanes
Aug. 8 (Bloomberg) — Nippon Yusen K.K., Japan’s largest shipping line, said development of deepsea Brazilian oil and Australian gas will boost drillship and shuttle tanker demand, helping the energy...
Saturday, July 27, 2013
NYK Line Among Eight Car Shippers Sued Over Price Fixing
Nippon Yusen K.K., Japanâ€™s biggest shipping line, and eight other maritime-car transporters were accused in a lawsuit by a Florida-based shipping company of fixing prices on carrier services.
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