Tag: NYK

NYK recently announced that it has acquired a 25 percent share of EMAS Chiyoda Subsea Limited, based on an agreement signed on June 10 with Ezra Holdings Limited and the Chiyoda Corporation.

NYK has supported “Kishu Minabe Sea Turtle Research Project” launched by the authorized NPO EarthWatch Japan. Seventeen NYK group employees volunteered to participate in the research which was conducted in July of this year.

Japan's first LNG-fueled ship Sakigake, a tugboat owned by NYK has been recognized with a Technology Special Award at the 2015 Ship of the Year Awards sponsored by the Japan Society of Naval Architects and Ocean Engineers (JASNAOE).

Following an investigation by the Australian Competition and Consumer Commission (ACCC), Nippon Yusen Kabushiki Kaisha (NYK), a global shipping company based in Japan, has pleaded guilty to criminal cartel conduct in the Federal Court.

The FTSE Group, designed to measure the performance of companies demonstrating strong Environmental, Social, and Governance (ESG) practices, has selected NYK as a constituent in the FTSE4Good Index, marking the 14th straight year that the company has been included in this major yardstick for socially responsible investment (SRI).

Carnival Corporation, DNV GL, ENGIE, ENN, GE, GTT, Lloyd’s Register, Mitsubishi Corporation, NYK Line, Port of Rotterdam, Qatargas, Shell, TOTE Inc. and Wärtsilä have announced a new cross-industry initiative called SEA\LNG, to accelerate the use of LNG as a marine fuel.

NYK, Wing Maritime Service Corporation and Keihin Dock Co. Ltd. have jointly received the Technological Development Award at the 17th annual Logistics Environment Awards sponsored by the Japan Federation of Freight Industries (JFFI).

NYK and its Group company, the Monohakobi Technology Institute (MTI), are jointly participating in four R&D projects which were selected by the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) for “2016 Support Projects for R&D in Advanced Safety Technology of Vessels.”

On June 27, the expanded Panama Canal opened for commercial transit, and Lycaste Peace, a very large LPG carrier operated by NYK, was the first vessel to complete a commercial passage through the new locks.

The NYK Group has been selected by Japan's Ministry of Economy, Trade and Industry (METI) and the Tokyo Stock Exchange (TSE) as a “Competitive IT Strategy Company” for 2016. NYK is the first company in the maritime industry to receive this award.