NYK Line Starts South America RoRo Service from Port Everglades

Japanese shipping company NYK Line has launched Magellan Straits Express, a new, monthly South America roll-on/roll-off (RoRo) service from Florida’s Port Everglades.

Moody’s Downgrades NYK Line, Outlook Negative

The issuer rating of one of Japan’s Big Three shipping companies, Nippon Yusen Kabushiki Kaisha (NYK Line), has been downgraded to Baa3 from Baa2 with negative outlook, according to ratings agency Moody’s Japan K.K.

NYK Line Sells Ore Carrier Gaia Pegasus

Japan’s shipping major Nippon Yusen Kabushiki Kaisha (NYK Line) has reached an agreement to sell its 2004-built Ore Carrier Gaia Pegasus to a Greek shipowner, according to data provided by VesselsValue.

Alphaliner: Carrier Impairment Losses Could Reach USD 35 Bn

After it said that it expects an extraordinary loss of JPY 100 billion (USD 972 million) on its containership assets, Japan’s shipping major Nippon Yusen Kabushiki Kaisha (NYK Line) is set to recognise the largest ever impairment loss in container shippin

Shipping Woes to Push NYK Line’s Loss to USD 1.9 Bn

Japan’s shipping major Nippon Yusen Kabushiki Kaisha (NYK Line) expects to see a record loss of JPY 195 billion (USD 1.9 billion) for its shipping and air-cargo businesses, according to data provided by the company.

NYK Line Orders VLGC Duo from JMU

Japanese shipping company NYK Line has ordered two Very Large Gas Carriers (VLGCs) for transportation of liquefied petroleum gas from its compatriot Japan Marine United Corporation (JMU).