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 is the world’s 12th-largest shipping line.

NYK Line 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 150 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.

31 Oct 2019
Despite reporting a profitable second quarter, the Japanese container carrier has reduced its full-year earnings forecast by nearly one-third, citing concerns over a worsening global economic environment and an expected increase in bunker costs.
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.
17 Nov 2016
Maher Terminals has been acquired by Macquarie Infrastructure Partners III and a subsidiary of Japanese shipping company NYK Line.
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.
04 Nov 2016
The credit ratings agency Moody’s has downgraded the rating for Nippon Yusen Kabushiki Kaisha, parent of NYK Line.
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.
07 Oct 2016
NYK Line on Friday announced that it expects to book extraordinary losses of nearly $2 billion.
23 Aug 2016
No surprises as a weak October encourages G6 to withdraw sailings on major east-west trades.
Incheon Port, pictured, in the first half recorded its largest ever throughput for a half-year period with 1.24 million TEUs.
22 Aug 2016
The new CC1-CC2 was made from the merging of two Asia-North America West Coast Central China products into a new Central China Combo service.
04 Aug 2016
The credit ratings company Moody’s has downgraded MOL and is reviewing the rating of NYK Line.
Profits at Yusen Logistics and Nippon Express were both impacted by declines in their Americas business.
01 Aug 2016
Profits at two of Japan’s leading logistics companies fell in the first quarter of fiscal year 2016.
29 Jul 2016
Japan’s three largest container warned of even worse financials than originally expected after reporting deep losses thanks to overcapacity.
18 Jul 2016
NYK Line’s roll-on, roll-off cargo price-fixing woes continued Monday.
07 Jul 2016
“The commitments aim to increase price transparency for customers and to reduce the likelihood of coordinating prices,” the European Commission said.
23 May 2016
Though a recently formed container line alliance appeared to be hastily thrown together, it is planning an extensive and trouble-free integration of its fleet.
THE Alliance Mitsui O.S.K Lines, NYK Line, "K" Line, Hanjin Shipping , Hapag-Lloyd and Yang Ming Line
13 May 2016
The line up of the new alliance aimed at competing with the 2M and Ocean Alliance has been announced.
28 Apr 2016
Japan’s three largest container lines mostly reported dismal financial results for fiscal 2015 on Thursday.
31 Mar 2016
Container lines in the G6 Alliance have canceled additional sailings on Asia-Europe routes where demand has been slack and rates have plunged to rock-bottom levels.
16 Feb 2016
CMA CGM and Cosco are leading efforts to create a new vessel-sharing alliance that could include Evergreen Line and OOCL and would shake up three of the four major east-west carrier groupings, the Alphaliner newsletter reported.
16 Feb 2016
Fifteen leading ocean container carriers, including Maersk Line, Mediterranean Shipping Co. and CMA CGM, have offered to change their practices for setting freight rates to settle an antitrust probe, the European Commission said Tuesday
29 Jan 2016
Japan’s three largest container lines significantly downgraded their earnings forecasts for the current fiscal year ending on March 31, with Mitsui O.S.K. Lines now expecting a sizable net loss of 175 billion yen ($1.45 billion).
13 Jan 2016
A class-action complaint filed with the U.S. Federal Maritime Commission seeks damages for alleged shipping act violations by 10 roll-on, roll-off carriers already entangled in criminal and civil price-fixing investigations.
04 Nov 2015
NYK Line hopes its diverse array of business lines will help the company overcome the plunge in rates caused by overcapacity hitting the industry and has no plans to back away from its mega-ship orders.
02 Sep 2015
NYK Line is looking to profit off India’s booming auto industry with the addition of a new roll-on, roll-off terminal in Pipavav in the state of Gujarat on the country’s northwest coast.
31 Jul 2015
Japan’s three largest container lines saw their net profits surge in the first quarter of fiscal 2015, buoyed by brisk container traffic volume from Asia to the United States as well as a weaker yen and lower fuel prices.
20 Jun 2015
Japanese carrier NYK said it expects a weaker yen, low fuel costs and cost-cutting to provide it with higher container shipping profit despite low rates this year.
31 Jan 2015
Japan's three major diversified ocean carriers -- Mitsui O.S.K., NYK Line and “K” Line” -- posted profits for t
02 Jan 2015
NYK joined "K" Line and CSAV in pleading guilty to U.S. price-fixing charges over the past year related to roll-on, roll-off shipping services.
Maersk container ship in Rotterdam
31 Dec 2014
Ocean carriers face an uphill struggle to push through planned general rate increases on the Far East-north Europe trade in January amid deteriorating economic conditions at both ends of the world’s biggest liner route.
27 Dec 2014
NYK Line has teamed up with Gujarat Pipavav Port, an APM Terminals facility on India’s west coast, to build and operate a new dedicated automobile logistics terminal at the Pipavav port complex.