The NYK Group's Top News Stories for 2016

The top news stories from the NYK Group during 2016, the halfway mark for the creative solutions emphasized in the company’s More than Shipping 2018 medium- to long-term management plan, are reviewed below.


1. Recreate the NYK Group for a new era


◇ President Naito’s encouragement during challenging economic times

April, October: “Band together to overcome the raging seas and pursue new advantages”


◇ Integration of container shipping businesses

October: Container shipping business to be integrated with those of Kawasaki Kisen Kaisha Ltd. and Mitsui O.S.K. Lines Ltd., aiming to provide higher quality and more competitive services


2. Differentiation through creative solutions


◇ Delivery of new, energy-efficient containership

March: 14,000-TEU containership equipped with the world’s first dual rating engine enters NYK fleet. It enables the greatest operational energy savings in the shipping industry


◇ Developing next-generation shipping and logistics solutions

March: Symphony Creative Solutions Pte. Ltd. (SCS) established in Singapore


◇ Making use of innovative technology to reduce environmental loads

September: World’s first LNG-fueled pure car and truck carrier (PCTC) delivered


3. Promote “More Than Shipping” powerfully


◇ Expanding business offshore

March, July, September: Three FPSOs begin oil production

June: First Japanese shipping company to enter the subsea industry


◇ Enhancement of overseas car logistics bases

October, December: Car logistics companies established in Kenya and Vietnam


◇ Accumulation of expertise in the field of LNG as a fuel

September: Announcement of new global brand for LNG bunkering service — “Gas4Sea”