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.

Japanese shipowner Nippon Yusen Kaisha (NYK) saw a slight drop in net profit for the first half of its financial year ended 31 March 2015.

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.

Nippon Yusen Kaisha (NYK) is building up long-term contracts for its capesize bulker business as it aims bring it back to a stable profit.

Mitsui and Co has announced charters for five LNG carriers to haul LNG from the Cameron LNG project to Japan.

Final investment decision has been reached on the $10bn Cameron LNG (CLNG) project in Louisana.

Nippon Yusen Kaisha (NYK) was the only of Japan’s “big three” shipping companies to report an increase in first quarter profits.

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...