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NYK cancels March cruises amid coronavirus outbreak

NYK cancels March cruises amid coronavirus outbreak

  NYK Cruises, an NYK Group company, said it would cancel all cruises on Asuka II scheduled to sail in March in response to the coronavirus outbreak. The 1990-built...

NYK

NYK explores ammonia as carbon neutral marine fuel

  Japanese shipping major NYK is looking into using ammonia as marine fuel for zero-emission ships as part of the industry’s decarbonization drive. Speaking at a...

NYK completes world’s first autonomous ship trial voyage from China to Japan

NYK completes world’s first autonomous ship trial voyage from China to Japan

  Japan’s NYK has completed a trial on the world’s first autonomous ship, a 70,826-tonne pure car truck carriers (PCTC) Iris Leader, sailing from China to...

Cartel: European Commission fines MOL, NYK, others $486m 

NYK to raise $255m through bonds 

  Japanese shipping major Nippon Yusen Kaisha (NYK) has decided to launch bond sale in the amount of up to JPY 27 billion (USD 255.1 million). According to data...

Cartel: European Commission fines MOL, NYK, others $486m 

NYK fires chairman after booking $398m loss for 2018 

Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) Line has sacked its chairman, Yasumi Kudo, after it ended year 2018 with a net loss of JPY44.5 billion...

Cartel: European Commission fines MOL, NYK, others $486m 

NYK sacks chairman after recording $398m loss

Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) Line has sacked its chairman, Yasumi Kudo, after it ended year 2018 with a net loss of JPY44.5 billion...

Cartel: European Commission fines MOL, NYK, others $486m 

Cartel: Chile fines NYK, MOL $9.1m

The Chilean Tribunal for the Defense of Free Competition (TDLC) released its final ruling in a car cartel case that began in 2015 fining NYK and MOL at of $9.1 million,...

NYK, Mitsubishi Logistics to establish holding company 

NYK, Mitsubishi Logistics to establish holding company 

Nippon Yusen Kaisha (NYK) and Mitsubishi Logistics Corporation (MLC) intend to establish a joint holding company this month and merge port and transportation business...

NYK explores new digital currency for seafarers

NYK explores new digital currency for seafarers

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. The goal...

Cartel: European Commission fines MOL, NYK, others $486m 

Cartel: European Commission fines MOL, NYK, others $486m 

By Jite Eriabie  The European Commission has slammed a fine of US$486.6 million on four car carriers for being part of a cartel.  The European Commission said on...

EU regulators to fine car MOL, NYK, others for price-fixing 

NYK China car carrier unit could be hit with $19m fraud

By Jite Eriabie   Major Japanese line NYK has revealed a possible JPY2bn ($18.7m) embezzlement case at its Shanghai car logistics subsidiary NYK Car Carrier (China)....

EU regulators to fine car MOL, NYK, others for price-fixing 

EU regulators to fine car MOL, NYK, others for price-fixing 

Car carrier majors are reportedly facing a new wave of sanctions from the EU regulators for their involvement in price-fixing schemes. The companies that are likely to...