Michael DiVirgilio, senior vice president, development, of Ceres Terminals, is set to retire on April 1 after several years at the terminal operator.
NYK Line
NYK Line, or Nippon Yusen Kaisha, is headquartered in Tokyo, Japan. The company offers services from global logistics to bulk shipping. NYK Line was founded in 1870 as Tsukumo Shokai Shipping and remains one of the world’s largest shipping lines.
NYK Line’s currently operates more than 800 vessels including container ships, woodchip carriers, car carriers, LNG carriers and reefer carriers. Its container ship fleet comprises more than 100 vessels, both owned and chartered, with a total capacity of more than 450,000 TEUs (20-foot-equivalent units). The company has 240 offices in 27 countries.
Press Releases
03 Mar 2014
Vessel capacity is exaggerated but container ship lines continue to struggle to raise rates to cover costs and meet service demands, carrier executives told the JOC’s 14th annual TPM conference.
20 Feb 2014
The six members of the G6 – Hapag-Lloyd, NYK Line, OOCL, Hyundai Merchant Marine, APL and Mitsui O.S.K. Lines – today released details on the port rotations...
03 Feb 2014
Japanese carriers NYK Line, MOL and “K” Line posted combined losses of more than 14.5 billion Japanese yen (about US$144.4 million) in the first three quarters of fiscal year 2013...
31 Jan 2014
Container ships arrived at their destination ports across the globe on time 73.7 percent of the time in December 2013...
29 Jan 2014
Member carriers in the Transpacific Stabilization Agreement plan to increase Asia-U.S. rates by $300 per FEU, effective March 15...
28 Jan 2014
Jefferies expects Asian container lines’ earnings for the fourth quarter of 2013 overall will be in line with or below Bloomberg consensus estimates, as freight rates in Asia-related trade lanes continued to slide and overcapacity remained.
15 Jan 2014
The U.S. Federal Maritime Commission today requested more information from the G6 Alliance of ocean carriers on their plans to share vessel space and cooperate more closely on trade routes between Asia and the U.S. West Coast and between Europe and the U.S. East Coast.
09 Jan 2014
The Japan Fair Trade Commission (JFTC) has decided to impose fines on some shipping firms for allegedly violating the antitrust law in transporting automobiles.
31 Dec 2013
Seventeen of the Top 20 container carriers worldwide are expecting deliveries of new ships in the next 12 months, which could make 2014 a record-breaking year for capacity...
27 Dec 2013
What follows are our picks for the top 10 stories of 2013. Do you agree? Disagree?
24 Dec 2013
“K” Line and NYK Line have reached compromise agreements with the U.S. Federal Maritime Commission to settle allegations that the two Japanese carriers engaged in antitrust violations with regard to roll-on, roll-off cargo.
