Nippon Yusen Kaisha (NYK) is making further inroads into offshore as part of a joint venture that will provide an additional two FPSOs to Petrobras on long-term charter.

Nippon Yusen Kaisha (NYK) and Mistubishi Corporation have announced their intention to investment in the $10bn Cameron LNG (CLNG) project in the US.

Shuttle tanker owner-operator KNOT offshore partners (KOP) raised $156m in its initial public offering on the NASDAQ exchange. The offering comprised 7.45m shares at $21 each.

Tokyo: Nippon Yusen Kaisha (NYK) sailed back into the black in financial year ended 31 March 2013 with a JPY18.89bn ($229.5m) profit.

Hanoi- The construction of deepwater Lach Huyen terminal, in Haiphong will begin this month, Vietnam Prime Minister Nguyen Tam Dung announced this week.

Tokyo: Nippon Yusen Kaisha (NYK) has inked a four-year time charter for a LNG carrier with GDF Suez.

Tokyo: Members of trade organisation G6 alliance have announced the port rotations of their new Trans-Pacific trade service, which is due to commence in May.