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...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...
...(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...
...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...
...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...
...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....
...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...
...Market leader Nippon Yusen gained 4.3 per cent to Y195, while Kawasaki Kisen Kaisha added 3.6 per cent to Y144. Seoul’s Kospi Composite rose 1.3 per cent to 1,899.76....
...Nippon Yusen, Japan’s biggest shipper by sales, surged 5.1 per cent and second-ranked Mitsui O.S.K. Linesclimbed 4.9 per cent. Third-largest Kawasaki Kisen Kaisha jumped 5 per cent....
...Nippon Yusen , Japan’s biggest shipper by sales, climbed 2.3 per cent to Y223 and second-ranked Mitsui OSK Lines rose 4 per cent to Y316....
...Nippon Yusen KK, Japan’s largest shipping line, increased 1.6 per cent to Y327 while Kawasaki Kisen Kaisha, the nation’s third-biggest shipping line, gained 4.7 per cent to Y358....
...Shipping lines also made hefty gains, with Nippon Yusen up 5.1 per cent at Y351 and Kawasaki Kisen 4.1 per cent higher at Y380....
...Kawasaki Kisen lost 4 per cent to Y334 and Nippon Yusen fell 1.5 per cent to Y337. Taipei lost ground amid persistent concerns that the market’s recent rally to 19-month highs had been overdone....
...Shipping lines were the biggest gainers on the Topix as Nippon Yusen KK, Japan’s biggest shipping line by sales, rose 5.1 per cent to Y352 and Kawasaki Kisen Kaisha leapt 7.4 per cent to Y349....
...Dilution concerns drove Nippon Yusen shares down 4 per cent to Y314....
...Nippon Yusen KK slid 5.7 per cent to Y267, its steepest drop in more than six months. Mitsui OSK Lines lost 3.3 per cent to Y498 and Kawasaki Kisen Kaisha tumbled 5.4 per cent to Y264....
...Japan Airlines and Nippon Yusen Kaisha are in talks to merge their air cargo subsidiaries in an effort to counter a drop in demand during the global economic downturn....
...Japan Airlines will be the senior partner in any deal, with $2bn of cargo revenues – more than twice that of Nippon Yusen Kaisha....
...Nippon Yusen fell 3.3 per cent to Y348 and Kawasaki Kisen Kaisha lost 7.3 per cent to Y343. Kintetsu, a transportation operator, sank 9 per cent to Y334....
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