Hints and tips:
...Formed in 2017 to integrate the liner services of Japan’s Kawasaki Kisen Kaisha, Mitsui OSK Lines and Nippon Yusen Kaisha, ONE made profits of $2.6bn in the quarter to the end of June, more than 15 times...
...Its stock and that of Nippon Yusen, the largest of the trio, have risen more than 300 per cent in the last year. Shares in middling Mitsui OSK have doubled....
...(Taiwan) John Kirkland Chief Executive and Owner, Independent Container Line (ICL) Hitoshi Nagasawa President, Nippon Yusen Kaisha (NYK) Erik Noeklebye COO Shipping Services, Wallenius Wilhelmsen Søren Toft...
...The ship’s Japanese owner, Shoei Kisen Kaisha, denied to the FT that a LOF had been used, despite industry publication Lloyd’s List last week reporting one had been signed with Boskalis and Japan’s Nippon...
...Nippon Yusen, Japan’s largest shipping company, is set to issue the country’s first “transition bonds” this month....
...Nippon Salvage, which is part of the rescue effort, declined to comment....
...Nippon Yusen said it was co-operating with the investigation....
...On Monday, three Japanese shippers — Nippon Yusen (NYK), Mitsui OSK and Kawasaki Kisen — announced a joint venture. This does not mark an end to tough times....
...The Alliance would see six shipping companies – Hanjin, Hapag-Lloyd, “K” Line, Mitsui OSK Lines, Nippon Yusen Kaisha and Yang Ming – enter a new strategic relationship regarding east-west trade lanes....
...Nippon Yusen Kaisha, Mitsui OSK Lines and K Line said that, if approved by regulators, the new joint venture would operate the world’s sixth biggest container fleet, with about 7 per cent of global capacity...
...On July 7, the Polaris Leader, a car carrier chartered by Japanese shipping company Nippon Yusen, arrived at the port....
...In late October, Japan’s three biggest shipping companies, Mitsui OSK, Nippon Yusen Kaisha and K Line, agreed to merge their container businesses as they all announced operating losses for the April to September...
...At the time, Japan’s three major lines — Nippon Yusen, Mitsui OSK Lines and Kawasaki Kisen Kaisha — were in talks about integrating their container businesses....
...The most recent of these strategic deals, announced on Monday, was the merger of the container businesses of Japan’s three biggest shipping companies, Mitsui OSK, Nippon Yusen Kaisha (NYK) and K Line — a...
...Nor are Asian rivals such as Orient Overseas and Nippon Yusen, whose shares rose as much as a tenth, certain to benefit from Hanjin’s distress....
...Cameron LNG has signed up GDF Suez of France and Mitsui, Mitsubishi and Nippon Yusen of Japan as customers and equity investors, while Freeport LNG has deals with Osaka Gas and Chubu Electric of Japan, and...
...Those include Cameron LNG, backed by Sempra Energy of the US, GDF Suez of France and Mitsui, Mitsubishi and Nippon Yusen of Japan; Freeport LNG, an independent company backed by private investors, and Cove...
...Mitsui is to take a 16.6 per cent stake in Cameron, while Mitsubishi and Nippon Yusen, a shipping company, will together take 16.6 per cent through a joint venture....
...Nippon Yusen , the country’s biggest shipping group, climbed 4.8 per cent to Y196, while number two Mitsui OSK Lines added 7.5 per cent to Y245....
...Nippon Yusen, the marine cargo and transport operator, fell 0.7 per cent to Y137 after warning that weak business conditions had forced it to cut its first-half operating profit forecasts by 18 per cent....
...Shares in Mitsui OSK rose 4.5 per cent to Y187, while Nippon Yusen bounced 4.4 per cent to Y143. Markets in China, Hong Kong and India were closed for public holidays....
...Maintaining its bullish stance on the sector, JPMorgan said its top pick in the sector was Mitsui OSK Lines, which climbed 11.2 per cent to Y288, followed by Nippon Yusen KK, up 7.9 per cent to Y192, and...
...Kawasaki Kisen Kaisha jumped 6 per cent to Y193, while Nippon Yusen added 3.1 per cent to Y268....
...Market leader Nippon Yusen K.K. gained 3.7 per cent while Kawasaki Kisen Kaisha added 2.2 per cent....
...The main board’s sea transport index was the biggest sector loser, down 5 per cent, as Mitsui OSK Lines fell 5.5 per cent to Y273, Kawasaki Kisen Kaisha dropped 4.8 per cent to Y140 and Nippon Yusen shed...
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