Nippon Yusen Kaisha (NYK) The only one of Japan’s “big three” shipowners to make money in the financial year ended 31 March 2016, but still reported a 61% fall in profits.

Container shipping companies need to be closer to the cargo owners, but the increasing influence of forwarders is making this difficult to achieve according to Japanese Shipowners’ Association chairman Yasumi Kudo.

Nippon Yusen Kaisha (NYK) has posted a JPY33.5bn ($277.5m) extraordinary loss in the third quarter of year ended 31 March 2016 as it reduced the book value of its fleet inline with current market prices and expectations.

An NYK containership came to the rescue of seven Filipino fishermen on 3 October.

Three former Japanese shipping executives have been indicted in the US for participating in a long-running price fixing conspiracy, according to the US Department of Justice.

Japanese carriers Mitsui OSK Lines (MOL) and Nippon Yusen Kaisha (NYK) have each ordered two newbuilding LNG carriers on the back of long term charter contracts with Chubu Electric Power.

Nippon Yusen Kaisha (NYK) has signed a joint venture agreement with Ports Development Company (PDC) to operate a ro-ro terminal at King Abdullah Port (KAP) in Saudi Arabia.

Nippon Yusen Kabushiki Kaisha (NYK) and Mitsubishi Corp have both bought minority stakes in SBM Offshore's FPSO Turritella.

Nippon Yusen Kaisha Line (NYK) has announced a new service between South America's East Coast and Asia, due to start in July.

The Connecticut Maritime Association’s monthly luncheon featured liner shipping veteran, Peter Keller, executive vice president of Totem Ocean Trailer Express (TOTE), which operates vessels in the US Jones Act liner trades. Keller, best known from...