New Japanese-built LNG Carrier Named
A naming ceremony was held for a new liquefied natural gas (LNG) carrier, Diamond Gas Orchid, at Mitsubishi Heavy Industries Ltd.’s Nagasaki Shipyard.The newbuild, owned by Diamond LNG Shipping 1 Pte. Ltd., a 50/50 joint venture company between NYK and Mitsubishi Corporation (MC), will sail under a long-term time-charter contract with MC’s wholly owned subsidiary in Singapore, Diamond Gas International Pte. Ltd.After delivery on June 29, 2018, the ship will transport LNG from Louisiana in the U.S.
NYK: Staying Ahead with Digitalization, Green
Nippon Yusen Kabushiki Kaisha ( NYK ) announced that NYK has formulated the new medium-term management plan “Staying Ahead 2022 with Digitalization and Green”. The new medium-term management plan states NYK’s corporate vision and management approach over the next five years from April 2018, which are designed to achieve sustainable growth by expeditiously adapting to thealtering business environment. The business environment surrounding NYK group is increasing its uncertainty as a consequence of today’s volatile shipping market condition…
NYK to Stay Ahead 2022 with Digitalization and Green
Nippon Yusen Kabushiki Kaisha (NYK) announced that NYK formulates the new medium-term management plan “Staying Ahead 2022 with Digitalization and Green”. The new mediumterm management plan states NYK’s corporate vision and management approach over the next five years from April 2018, which are designed to achieve sustainable growth by expeditiously adapting to the altering business environment. The business environment surrounding NYK group is increasing its uncertainty as a consequence of today’s volatile shipping market condition, rising geopolitical risk and rapid technological evolution.
NYK, Oyak to Build Car Terminal in Turkey
Turkey’s Oyak Group - owner of the country’s biggest steel producer, Erdemir Group - is to invest in a car logistics terminal in Yarimca port near Istanbul in partnership with Japan’s Nippon Yusen Kaisha (NYK Line). According to a Reuters report, the investment will be $110 million. According to NYK press release, Süleyman Savaş Erdem, general manager of OYAK, and Koichi Chikaraishi, NYK representative director and senior managing corporate officer, were on hand for the signing ceremony held in Istanbul on April 5.
NYK Completes Winter Safety Campaign
The NYK Group has completed its Sail On Safety winter safety campaign, which ran from December 1, 2015, through January 31, 2016. Under the theme "Think, Act, and Be Safe," the campaign has been conducted annually by the entire NYK Group to prevent accidents that can be more frequent in turbulent seas during the winter season. In this year’s campaign, 410 NYK Group executives and employees visited 242 vessels to exchange broad opinions with onboard crews about the prevention of accidents, collisions, and engine trouble in turbulent seas.
Mitsui LNG Carrier Named Marvel Falcon
On March 29, a naming ceremony was held at Geoje Shipyard of Samsung Heavy Industries Co., Ltd. in Korea, for new liquefied natural gas (LNG) carrier that NYK has concluded a long time-charter contract with Mitsui & Co. Ltd. At the ceremony, the ship was named “Marvel Falcon” by Mr. Tatsuo Yasunaga, president and chief executive officer of Mitsui & Co., Ltd. and the ceremonial rope holding the vessel in place was cut by Mr. Yasunaga’s wife. From NYK, Hitoshi Nagasawa, Representative Director, Senior Managing Corporate Officer attended.
NYK Sponsors Facilities for Project Hope School, China
NYK Line (China) Co., Ltd. has donated 30 bunk beds and some sports supplies to NYK Wangping Middle School, which is located in the rural area of Luoyang in Henan province. On October 21, Yuji Isoda, a corporate officer at NYK and the company’s chief representative for China, visited the school with officers from the Luoyang municipal government and education bureau to attend a ceremony in recognition of the event. The school and the government expressed their sincere gratitude to the NYK Group for its 14 consecutive years of support.
NYK Aids Victims of Landslide in Hiroshima
In response to the landslide that occurred in Japan’s Hiroshima prefecture on August 20, the NYK Group has decided to collect donations from executives and employees throughout the group to aid those who were affected. NYK has deep compassion for those harmed by this disaster and offers its wishes for a quick recovery. Donations collected will be given to Japan Platform (JPF)* and will be used as funds for disaster support activities in the affected areas by JPF member organizations (NGOs).
NYK's Environmental Management Conference
On November 30, NYK welcomed about 60 environmental supervisors from 46 NYK Group companies to the group’s annual Environmental Management Conference in Tokyo. NYK holds this conference once a year with NYK Group companies to share information on environmental practices and strengthen environmental management within the group. At this ninth conference, the two group companies below were commended for their original and creative efforts to improve the value of the NYK Group, and each of the companies gave a presentation on its environmental activities. 1. NYK Container Line Co. Ltd.
NYK Hosts Safety Conference
Over three dates in July, NYK hosted a safety promotion conference for shipowners and ship-management companies at the NYK head office in Tokyo and at Imabari city in Ehime prefecture. This conference is held every year as part of the “Remember Naka-no-Se” safety campaign, which draws on the lessons learnt by the Diamond Grace oil spill in July 1997 to encourage all NYK Group employees to bear in mind the importance of safe operations. This year, a total of 180 participants from 79 companies gathered at the conference.
NYK Hosts Fleet Safety Promotion Conference
Over three times in July, NYK hosted safety promotion conferences for shipowners and ship-management companies at the NYK head office in Tokyo and at Imabari city in Ehime prefecture. These conferences are held every year in two months from July, as part of the “Remember Naka-no- Se” safety campaign, which draws on the lessons learnt by the Diamond Grace oil spill in July 1997 to encourage all NYK Group employees to bear in mind the importance of safe operations. This year, a total of 177 participants from 82 companies gathered at the conferences.
NYK Line Hosts Fleet Safety Conference
NYK says it has hosted a safety promotion conference for shipowners and ship-management companies at the NYK head office in Tokyo and at Imabari city in Ehime prefecture. This conference is held during July and August every year as part of the Remember Naka-no-Se safety campaign,which draws on the lessons learnt by the Diamond Grace oil spill in July 1997 to encourage all NYK Group employees to bear in mind the importance of safe operations. A total of 147 participants from 69 companies gathered at the conference to discuss the slow-steaming of vessels…
NYK's First RORO Terminal in S. Arabia
NYK signed a joint-venture agreement with Ports Development Company (PDC)* to establish NYK’s first exclusive RORO terminal operating company at King Abdullah port (KAP)** on the Red Sea coast of Saudi Arabia. This terminal named KAP RORO Terminal, which is the first exclusive RORO terminal in Saudi Arabia, is planned to commence full operations by 3rd quarter 2016. The joint venture will be the first automotive logistics base for the NYK Group in the Middle East. King Abdullah port is a private port which is owned and developed by PDC, which opened a container terminal there in 2014.
NYK’s SIMS Receives Japan's Environmental Award
NYK’s Ship Information Management System (SIMS), jointly developed by NYK and the Monohakobi Technology Institute has been recognized with Japan’s 2015 Minister of the Environment Award in the Technical Development and Commercialization category. An awards ceremony was held on December 2, 2015, and attended by Yoshiyuki Yoshida, NYK managing corporate officer, and Makoto Igarashi, president of MTI. By employing SIMS on vessels, detailed data can be timely shared between onboard crew and land-based operation staff. Such data includes precise hourly updates on conditions of operation and fuel consumption. NYK started employing SIMS on containerships in 2012 for energy-saving operations…
NYK Holds 8th Environmental Management Conference
NYK welcomed about 60 environmental supervisors from 47 NYK Group companies to the group’s annual Environmental Management Conference in Tokyo. NYK holds this conference with NYK Group companies to share information on environmental practices and strengthen environmental management within the group. At this eighth conference, the three companies below were commended for their efforts to achieve the NYK management vision of “a best balance between economic progress and environmental protection,” and each of the companies was asked to give a presentation on its activities.
NYK Celebrates Its 131st Anniversary
NYK president Tadaaki Naito marked the 131st anniversary of NYK’s founding by addressing company employees at the NYK head office in Tokyo on October 3. He encouraged employees to demonstrate courage and conviction for change in a new era. "NYK Group has been making progress up to the present day by applying the group’s creativity and ingenuity in pursuit of its own distinct path. While we, too, have our own strengths and weaknesses, we have also been highly attuned to the changing times and shifting needs of customers," he said.
NYK, YLK Hold Joint Training Program
From October 19 to 23, Nippon Yusen Kabushiki Kaisha and Yusen Logistics Co. Ltd. jointly conducted their 2015 Global NYK/YLK Week, a training program targeting NYK and YLK staff from offices around the world. Twenty-five overseas staff members — 12 from NYK and 13 from YLK — were nominated from the Group’s global business bases to attend the program along with two Japanese staff members from each company’s headquarters in Tokyo. This training program has been jointly held by NYK and YLK since 2012 to deepen the interchange among the participants across national…
NYK Wins Environmental Communication Award
The 2015 NYK Report has been honored with an award for excellence in the environmental reporting category at the 19th Environmental Communication Awards, which are jointly sponsored by Japan’s Ministry of the Environment and the Global Environmental Forum, a non-profit organization based in Tokyo. This is the fourth consecutive year that NYK has been recognized at these awards, following the company’s win of the Sustainability Report Grand Prize (the Environment Minister Award) in 2012, the President’s Award for Excellence in 2013, and an award for excellence in 2014.
RORO Ops by NYK for Ford Plants in India
In 2011, NYK Auto Logistics (India) Pvt. Ltd.(NALI)* was awarded a contract by Ford India for RORO terminal services of finished cars at Chennai and Ennore Port. Based on the service quality, in 2015, NALI and Ford India extended the scope of services to cover Chennai plant stockyard management and inland transportation from plant to Chennai and Ennore ports. With this new scope of business, NALI can provid complete outbound logistics of finished vehicles for the Ford plant in Chennai.
NYK Aims at Developing New Shipping and Logistics Solution
Tokyo-based shipping line NYK Group (Nippon Yusen Kaisha) has decided to establish a new company, Symphony Creative Solutions (SCS) in Singapore, to develop and market new solutions in the shipping and logistics fields. NYK, along with its subsidiaries, the Monohakobi Technology Institute and NYK Business Systems, has teamed up with Weathernews and Kozo Keikaku Engineering for the new venture to further the development of the Symphony Project. This joint development project was selected by NYK’s Creative Solutions Development Fund during the fund’s first call for applications.
NYK’s SIMS Wins Special Award
The Ship Information Management System (SIMS) jointly developed by NYK and the Monohakobi Technology Institute has been recognized with a special award from the Japan Institute of Navigation. An awards ceremony was held on July 27, 2015, and attended by Koichi Akamine, NYK senior managing corporate officer; Makoto Igarashi, president of MTI; and Hideyuki Ando, a senior general manager at MTI. The Japan Institute of Navigation is a public incorporated association for the purpose of contributing to the academic advance of navigation.
NYK Group, Dualog, NTT Group Join Partnership for Onboard IoT Platform
The Japanese shipping group NYK Group (Nippon Yusen Kabushiki Kaisha, MTI Co., Ltd.) will collaborate with Dualog and Nippon Telegraph and Telephone Corporation (NTT) Group on a vessel platform proposal that is currently being validated with ship information systems (SIMS) data, the companies announced. The experiment is focused on validation of the below technology, which is expected to benefit the maritime industry in actual sea operations: Data gathering from an expanding array of onboard sensors and monitoring equipment…
NYK Line Focuses on Green and Digitalization
NYK president Tadaaki Naito called for promoting environmental issues and the utilization of IoT. "I hope to advance the group’s activities with a focus particularly on the keywords 'green' and 'digitalization' this year," he said. "We are already making progress in both fields, and pressing forward to promote their use in practical operations that will allow us to realize a wide range of ideas and further differentiate ourselves," Tadaaki added. ONE, the joint venture company for liner integration…