NYK attributed Ocean Network Express’s initial loss to administrative problems resulting from “inefficient employee familiarization with the systems and insufficient preparation for the administrative processes.”
“K” Line is the world’s 15th-largest container shipping company and one of the largest Japanese transportation companies. It was established in 1919 and along with NYK Line and MOL is one of Japan's "Big Three" container lines.
“K” Line to Invest in Flag Ship for“DRIVE GREEN PROJECT” as a Next-Generation Environment-Friendly Project
“K” Line to Support Transportation of Emergency Relief Supplies to Typhoon-hard-hit Area in the Philippines by its Containerships.
“K” Line Continues to be Included in FTSE4Good Global Index and Dow Jones Sustainability Asia / Pacific Index
Yoichi Hasegawa, President of Taiyo Nippon Kisen Co., Ltd. receives Doctor Honoris Causa From Bulgarian Nikola Y. Vaptsarov Naval Academy
31 Oct 2017
The improved performance came amid preparations by the three companies to merge and operate as a single company.
17 Oct 2017
The landside ability of the supply chain to handle volume generated by mega-ships must improve before carriers can achieve the lower unit costs their deployment promises.
14 Sep 2017
US maritime regulators on Thursday voted to allow ocean carrier members of THE Alliance to form an emergency fund.
31 Jul 2017
The positive earnings statements come less than a month after the three established Ocean Network Express.
26 Jul 2017
Harren & Partner are aiming for “light-touch” integration with SAL Heavy Lift.
10 Jul 2017
NYK's head of container shipping Jeremy Nixon will lead the new Japanese carrier ONE.
07 Jul 2017
Japan's three major carriers have officially formed the One Network Express in Tokyo.
03 Jul 2017
Japan's three major carriers say the new joint venture liner shipping company is ready to be established.
22 Jun 2017
The decision comes just days before the new joint venture Ocean Network Express was expected to be formed.
31 May 2017
The name of the joint venture container line that will be formed from the merger of Japan's three main carriers has been announced.
16 May 2017
Share prices of Japan’s top three shipping firms are languishing.
10 May 2017
The Japanese lines may as well fast track their merger following the voting down of their proposed agreement by the FMC on jurisdictional grounds, as the new line is unlikely to be blocked.
02 May 2017
The US Federal Maritime Commissioners voted 4-0 to reject ‘K’-Line, MOL, and NYK Line’s plan to share information with each other ahead of the merging of their container operations in July
28 Apr 2017
The next 12 months will be good for Japan's top three carriers that are predicting a profitable 2017/18 financial year.
16 Mar 2017
"After five years we will probably see new alliances, and smaller capacity carriers may lose out.”
13 Mar 2017
The so-called “tariff effect” will take an estimated one to two years after the set-up of the company to start delivering substantial savings.
09 Mar 2017
THE Alliance on Thursday released details on its 32 joint services.
08 Mar 2017
The new alliances begin operations on April 1, but an analysis of the networks reveals a surprising cut in the number of direct port-to-port connections.
28 Feb 2017
Jeremy Nixon presented an update to the TPM 2017 conference on the merger of the container divisions of 'K' Line, MOL, and NYK Line.
31 Jan 2017
The anticipation of record losses underscores the necessity of Japan's leading container lines’ plan to merge.
14 Dec 2016
The fight between the three major shipping alliances on US trades officially starts in April.
12 Dec 2016
The tax reforms provide another release valve for growing financial pressure.
06 Dec 2016
The original language would have expanded the antitrust immunity of container shipping alliances.
29 Nov 2016
US Federal Maritime Commission member William Doyle said the FMC should be “very cautious” about allowing container lines to use their alliances’ antitrust immunity to deal collectively with US service providers.
08 Nov 2016
THE Alliance on Tuesday announced details of its network of routes and port calls.
08 Nov 2016
Eager to avoid the fate of neighboring South Korea’s Hanjin Shipping, Japan’s Big Three shipping companies are lobbying the government for favorable tax and budgetary measures.
01 Nov 2016
For decades, the Japanese lines have competed fiercely for their share of the container market, but that has ended with the agreement to merge liner operations.
31 Oct 2016
Synergies can be obtained through a single operating unit.
31 Oct 2016
A merged NYK Line, “K” Line, and MOL would be the dominant mover of containerized goods from Asia to the United States if operations were to begin today.
31 Oct 2016
Japan’s Big Three container lines downgraded their full-year earnings forecasts and said they expected record losses as their fiscal first-half results illustrated the financial difficulties that motivated their Monday announcement they would merge.
31 Oct 2016
With no turnaround for container shipping in the foreseeable future, the three largest Japanese shipping companies are merging.
30 Oct 2016
Three Japanese lines seek scale benefits in move to merge container divisions.
21 Oct 2016
A group of Asian container lines is injecting capacity into the Asia-Australia trade.
29 Sep 2016
APL Logistics and its parent company have retracted statements made by their employees that said “K” Line could go bankrupt, after the Japanese container line threatened legal action.
22 Sep 2016
“K” Line accuses APL Logistics of telling the latter’s customers that the Japanese container line could go bankrupt.
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