NYK Cautions of Illegal Conducts in Chinese Subsidiary
Nippon Yusen Kabushiki Kaisha (NYK) said that it has discovered that there is a possibility that former locally hired management personnel in NYK Car Carrier (China), its consolidated subsidiary located in Shanghai. The China unit is engaged in finished car logistics business in China, had committed unlawful expenditure or embezzlement. The Company established an investigation committee (the Committee ) to investigat the aforementioned matter on February 5, 2018 (with Tadaaki Naito President Representative Director and President Corporate Officer as the Chairman of the Committee; Yoshiyuki Yoshida Director, Chief Compliance Officer and Managing Corporate Officer)…
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…
