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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...
...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 , 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...
...Nippon Yusen KK jumped 2.3 per cent to Y218 and Mitsui OSK Lines surged 2.2 per cent to Y329....
...Rival Nippon Yusen was 3.7 per cent higher....
...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....
...Market leader Nippon Yusen K.K. gained 3.7 per cent while Kawasaki Kisen Kaisha added 2.2 per cent....
...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....
...“The economy is recovering, but with the yen continuing to trade so strongly, at 70-80 to the dollar, the recovery is tenuous,” said Yasumi Kudo, president of Nippon Yusen, Japan’s largest shipping company...
...Like its two other big domestic rivals – NYK Line and Mitsui OSK – it is increasingly looking to work with Chinese steel mills, Indian motor manufacturers and other leading emerging market customers....
...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....
...Nippon Yusen fell 3.6 per cent to Y344 and Mitsui OSK Lines lost 2.7 per cent to Y641....
...Nippon Yusen, the shipping line, tumbled 5.2 per cent to Y331 after the Baltic Dry index, a gauge of dry commodity shipping costs, fell for the first time in nine sessions....
...Nippon Yusen rose 3.2 per cent to Y322 and Mitsui OSK Lines jumped 5 per cent to Y630....
...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....
...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....
...Dilution concerns drove Nippon Yusen shares down 4 per cent to Y314....
...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 1.5 per cent to Y396 while Mitsui OSK Lines lost 2.2 per cent to Y568 and Kawasaki Kisen dropped 2.3 per cent to Y376....
...Shipping companies bucked the general optimism on earnings after Nippon Yusen slashed its profit estimate for the year. Its stock declined 4.6 per cent to Y399....
...Shipping stocks also gained on the back of broker upgrades, with Nippon Yusen up 7.3 per cent at Y368. Taipei bucked the firmer trend in the region as it backed away from Wednesday’s 16-month high....
...But shipping companies moved higher with Kawasaki Kisen up 1.8 per cent to Y348 and Nippon Yusen 3.4 per cent higher at Y398....
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