Nippon Yusen Kaisha (NYK) and Mitsubishi Logistics Corporation (MLC) intend to establish a joint holding company…
Tag: NYK
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…
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…
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…
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…
NYK to test autonomous boxship in 2019
Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) intends to test an autonomous containership in the Pacific…
South Korean finds MOL, NYK, others of antitrust law breach
Japanese shipping company Mitsui O.S.K Lines (MOL) has been found guilty of violating South Korean…
Australia fines NYK $25m over ‘criminal cartel conduct’
The Federal Court of Australia has convicted Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) of…
Master of NYK containership blames US warship for fatal collision
The Master of an NYK chartered containership ACX Crystal has blamed the US warship USS Fitzgerald…
South African rejects MOL, NYK, K Line merger
In a potentially catastrophic spanner in the works, the Japanese container line merger plans under Ocean…
NYK, K Line end year in losses, MOL delivers profit
Japanese Big Three shipping companies have posted mixed financial results for the fiscal year ended March…
Market conditions put pressure on NYK, MOL, K-Line
The challenging market conditions in the container shipping industry continued to add pressure to Japan’s three…