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Supply chains
Governments need to fix supply chain crisis, top shipping boss warns
...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...
October 25, 2021
Container shipping
Ever Given seized as Egypt seeks $900m compensation
...The SCA made a claim for $916m on April 7, according to the UK P&I Club, an insurer that covers the owner, Japan-based Shoei Kisen Kaisha, against third-party liabilities....
April 14, 2021
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
Shipping
Ever Given owners reach deal with Egypt over Suez Canal blockage
...The ship’s owner, Shoei Kisen Kaisha, and its insurers offered $150m at first, while the SCA had gradually reduced its demands to $550m....
June 23, 2021
Insurance
Suez Canal insurance claims to run into hundreds of millions of dollars
...Shoei Kisen Kaisha, the Japanese owner of the Ever Given, told the FT last week that this cover was provided by Tokyo-based MS&AD Insurance Group. MS&AD declined to comment....
March 29, 2021
City Bulletin
Deliveroo cuts flotation target range Premium content
...Shoei Kisen Kaisha said refloating was “near” after salvage experts managed to change the angle of the 200,000-tonne vessel but they were waiting for the tide to rise to see if it could be fully freed today...
March 29, 2021
Shipping
Suez Canal ship finally free in boost for global trade
...Shoei Kisen Kaisha, the Japanese company that owns the ship, had earlier said refloating was “near” after salvage experts managed to move the stern of the ship away from the western bank of the canal....
March 29, 2021
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
Shipping
Boskalis: the go-to company when you ground your ship in the Suez Canal
...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...
April 1, 2021
Shipping
Suez Canal clearance could take ‘weeks’, says salvage company
...Evergreen said in an emailed statement that because the Panama-flagged ship is leased, its salvaging and any third-party liability were the responsibility of the ship owner, Shoei Kisen Kaisha of Japan....
March 25, 2021
Shipping
US offers to help Egypt unblock Suez Canal
...An official at Shoei Kisen Kaisha, the Japanese owner of the Ever Given, said the situation remained “extremely difficult”....
March 26, 2021
LexShipping
Japanese shipping: just another list
...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....
October 31, 2016
Shipping
NYK, MOL and K Line to combine container shipping units
...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...
October 31, 2016
Shipping
Activist fund’s investment fuels Japan shipping M&A rumours
...According to regulatory filings, the Singapore-based fund had increased its stake in Kawasaki Kisen to 37 per cent by early August from 6.2 per cent about a year ago....
September 4, 2016
FTfmKana Inagaki
Japan investors vote for better returns
...In the case of Kawasaki Kisen, many other investors sided with Effissimo, despite the company insisting its low ROE was due to restructuring....
August 2, 2016
Shipping
‘Chairman Chang’ leaves legacy in shipping
Leading figure in history of container ships dies in Taipei after starting with single ship in 1968
January 20, 2016
Currencies
Shippers and exporters lead Nikkei 225
...Kawasaki Kisen Kaisha made the best single gain with a 12 per cent rally to Y114. Its peer Mitsui OSK Lines was in second place, up 6.9 per cent at Y217....
September 19, 2012
FT Live
Commodities Asia Summit
Enabling decarbonisation in a time of disrupted trade flows
Wednesday, 6 NovemberSingapore
Asia-Pacific equities
Asian exporters slip on growth fears
...Kaisha, 4.9 per cent higher at Y173....
April 20, 2012
Asia-Pacific equities
Chinese data boost Asian resource stocks
...Kawasaki Kisen Kaisha jumped 6 per cent to Y193, while Nippon Yusen added 3.1 per cent to Y268....
April 2, 2012
Asia-Pacific equities
China stocks rise on foreign investor boost
...Shipping groups were also weaker, with Kawasaki Kisen Kaisha down 2.7 per cent to Y182 and Mitsui OSK Lines down 2.3 per cent to Y343....
April 5, 2012
FT AlphavilleEquities
Overnight markets: Up
...Hyundai climbed 3 per cent in Seoul after US sales advanced last month and Kawasaki Kisen Kaisha, Japan’s third-largest shipping line by sales, jumped 5.3 per cent in Tokyo as container freight rates on...
March 2, 2012
Asia-Pacific equities
Financials lead Asian equity market fall
...Lines slid 4.1 per cent to Y304 and Kawasaki Kisen Kaisha lost 3.6 per cent to Y161....
April 16, 2012
Asia-Pacific equities
Japanese shipping rises on US coal hopes
...Japanese shipping companies made strong gains on Wednesday, led by Daiichi Chou Kisen Kaisha after the company said it was targeting a boom in coal exports from the US....
January 25, 2012
Asia-Pacific equities
Japanese stocks hit by Tankan outlook fears
...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...
December 15, 2011
FT AlphavilleEU energy
Overnight markets: Up
...Market leader Nippon Yusen K.K. gained 3.7 per cent while Kawasaki Kisen Kaisha added 2.2 per cent....
December 12, 2011
EU energy
Shipping groups help lift Tokyo markets
...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....
December 12, 2011
Shipping
Container shipping alliances to join forces
Shared services on the key Asia and Europe rate are to be offered in the latest sign of how industry overcapacity is quickening consolidation
December 21, 2011

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