Tuesday, February 16, 2021

NYK Signs Shipbuilding Contract for Four LNG-Fueled Car Carriers

Japanese shipping line NYK has signed a contract for four large liquefied natural gas-fueled pure car and truck carriers (PCTCs). The shipbuilding contract was signed with China Merchants Jinling Shipyard...

February 16, 2021
Total Views: 2829

Friday, March 22, 2019
nyk containership
Maritime News

NYK Secures ‘Green Loan’ for Scrubber Installs

By Mike Wackett (The Loadstar) – Japanese transport group NYK has secured a ¥9bn ($81m) syndicated ‘green’ loan, supported by eight domestic financial institutions for the installation of scrubber systems...

March 22, 2019
Total Views: 6

Tuesday, November 20, 2018
nyk line
Maritime News

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....

November 20, 2018
Total Views: 5

Tuesday, February 13, 2018
NYK car carrier

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...

February 13, 2018
Total Views: 5

Wednesday, August 23, 2017
nyk containership

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...

August 23, 2017
Total Views: 67

Thursday, August 3, 2017
NYK car carrier
Maritime News

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...

August 3, 2017
Total Views: 23

Tuesday, January 31, 2017
nyk line
Maritime News

Japan’s Top Shipping Lines Trim Loss Estimates

TOKYO, Jan 31 (Reuters) – Japan’s top three shippers, Nippon Yusen KK (NYK), Mitsui OSK and Kawasaki Kisen Kaisha pared their full-year loss estimates on Tuesday as a downturn in...

January 31, 2017
Total Views: 17

Sunday, October 30, 2016
nyk line
Maritime News

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...

October 30, 2016
Total Views: 25

Friday, October 7, 2016
nyk line
Maritime News

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...

October 7, 2016
Total Views: 10

Friday, April 8, 2016
Maritime News

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...

April 8, 2016
Total Views: 0

Tuesday, March 1, 2016
MV NYK Blue Jay
Maritime News

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...

March 1, 2016
Total Views: 4

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...

July 27, 2015
Total Views: 2

Tuesday, June 30, 2015
Maritime News

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...

June 30, 2015
Total Views: 22

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.

March 13, 2015
Total Views: 26

Tuesday, December 9, 2014
Maritime News

Fun Times Aboard NYK Delphinus

Captain Jonathan Flores shared a few images taken with his trusty GoPro camara of a recent Thanksgiving/Welcome Aboard pool party aboard his ship, NYK Delphinius. His ship, a 4800 teu containership is...

December 9, 2014
Total Views: 28

Monday, November 17, 2014
Maritime News

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.

November 17, 2014
Total Views: 12


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.

November 17, 2014
Total Views: 15

Monday, April 14, 2014
nyk containership southampton
Maritime News

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...

April 14, 2014
Total Views: 12

Monday, February 3, 2014
nyk libra containership
Maritime News

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.

February 3, 2014
Total Views: 0

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...

August 8, 2013
Total Views: 0