Japan's Nippon Yusen Kaisha (NYK) has pleaded guilty to price fixing of ocean shipping services for cars and trucks, and has agreed to pay a $59.4m criminal fine, according to the US Department of Justice.
NYK Group has developed a new oil additive, Yunic750LS-F, designed to increase lubricity and address mould in low-sulphur fuel following the January 2015 0.1% sulphur deadline.
Japan’s Nippon Yusen Kaisha (NYK) and Myanmar’s Silverbird Auto Logistics will jointly launch an inland transportation service in Myanmar for finished automobiles starting from 14 October.
Japan’s Nippon Yusen Kaisha (NYK) has sealed a time-charter contract with Mitsui & Co for a new LNG carrier to work on the Cameron LNG project located in the US state of Louisiana.
Hamburg Süd is set to become the world’s largest eighth largest container line by the end of this year through a combination of taking over Compañía Chilena de Navegación Interoceánica (CCNI) and newbuilding deliveries over the next five months...