NYK Ports, subsidiary of Japan’s Nippon Yusen Kaisha (NYK), together with Macquarie Infrastructure Partners III have invested in Maher Terminals, which operates a terminal in the US port of New York and New Jersey.
Carrier members of THE Alliance has revealed their plans for operations scheduled to start from April 2017, detailing the launch of 31 services and the deployment of more than 240 modern containerships on global routes.
Piraeus port’s Cosco administration has welcomed the prospect of the merger of Japan's K Line, Mitsui OSK Lines (MOL) and NYK believing it bodes well for Greece’s largest port.
Japan’s big three shipping groups, K Line, MOL and NYK, have announced an integration of their container shipping business with the establishment of a joint venture by 1 July 2017 and the commencement of joint service from 1 April 2018.
The world’s first LNG powered car carrier owned by United European Car Carriers (UECC) has been launched.
King Abdullah Port (KAP) will add new container, ro-ro and bulk cargo terminals to its southern basin after securing a $720m Islamic bank loan to finance the planned second phase development of Saudi Arabia’s first fully privately owned port.
Nippon Yusen Kaisha (NYK) has pleaded guilty criminal cartel charges over its car carrier operations in Australia.
Japan’s NYK will take up a 25% interest in joint venture firm EMAS Chiyoda Subsea (ECS) as it seeks to expand its offshore business.