The new joint venture container shipping entity of Japan’s big three carriers will operate under the tradename Ocean Network Express with its holding company based in Japan and an operating company incorporated in Singapore.

The US Federal Maritime Commission (FMC) has clarified its position on the rejection of the proposed merger of the container shipping business of NYK, Mitsui OSK Lines and K Line, as being purely due to it falling outside its jurisdiction.

The US Federal Maritime Commission (FMC) has rejected the merger by NYK, K Line and Mitsui OSK Lines of their container shipping operations saying it does not have jurisdiction to approve it.

The Panama Canal Authority (ACP) has awarded two NYK-operated vessels — Garnet Leader, a pure car and truck carrier (PCTC), and NYK Remus, a containership —its Green Connection Award, a new initiative started on 1 January to recognise vessels that...

The Competition Commission of Singapore (CCS) has given the nod to the proposed joint venture between Japan’s big three lines – Kawasaki Kisen Kaisha (K Line), Mitsui OSK Lines (MOL) and Nippon Yusen Kaisha (NYK).

Eleven international major carriers have complied with Chinese authorities’ request to lower terminal handling charges so as to reflect the present market conditions, and potentially allow the import and export enterprises to save around RMB3.5bn ...

Japan’s NYK slumped to a near $2bn loss in the first nine months of FY2016 as it took massive impairments on cancelled charter contracts.

Cost competitiveness is the driving force behind the merger of Japan’s big three shipowners container line businesses, according to K Line president Eizo Murakami.

By anyone’s standards 2016 has been a dramatic year for container shipping.

The US’ Federal Maritime Commission has given regulatory approval for THE Alliance.