Nippon Yusen

NYK Business Credo. Founded in 1885, Nippon Yusen Kabushiki Kaisha (NYK Line) has become a leader in global marine transport by meeting challenges head on and achieving steady growth. ... We meet the highest ethical standards to ensure that our business activities contribute to the sustainable development of society.

Is one of the oldest and largest shipping companies in the world. It is a member of the Mitsubishi keiretsu. The company has its headquarters in Chiyoda, Tokyo, Japan and a fleet of about 800 ships, that includes container ships, tankers, bulk and woodchip carriers, Ro-Ro car carriers, reefer vessels, LNG carrier and cruise ships.

The company traces its history back to the Tsukumo Shokai Shipping company founded by the Tosa clan in 1870.

The merged company had a fleet of 58 steamships and expanded its operations rapidly, first to other Asian ports and then worldwide, with a line service to London being inaugurated in 1899.

At the end of March 2008, the NYK Group was operating about 776 major ocean vessels, as well as fleets of planes, trains, and trucks. The company's shipping fleet includes around 155 containerships, 286 bulk carriers, 55 woodship carriers, 113 car carriers, 21 reefer carriers, 78 tankers, 30 LNG carriers, and three cruise ships. NYK's revenue in fiscal 2007 was about US$26 billion, and as a group NYK employs about 55,000 people worldwide. The company has offices in 240 places in 27 countries, warehouses on nearly every continent, and harbor operations in Asia, North America, and Europe. NYK head office is based in Tokyo, and has regional headquarters in London, New York, Singapore, Hong Kong, Shanghai, Sydney, and São Paulo.

During the first decade of 2000s, NYK reached a remarkable position within the Liner ranking, as one of top twelve companies in the number of containers carried, number one RORO Carrier, and one of the main player in LNG and break bulk transport fields, plus several prominent awards for its cruise service quality.

In April 2014, eight container sister ships of a new series were commissioned, and two more units were inserted as options in the construction contract. Both options were converted into firm orders in July 2014. The building began in spring 2015 at the shipyard Japan Marine United in Kure, Hiroshima. The first delivered ship of the ten units to be built within end of 2018, was mv NYK Blue Jay launched in 2016. All 10 vessels received names of bird species (therefore called the NYK-bird class). The ships are used on the European Far East route and are the largest container ships built in Japan so far, having a maximum container capacity of 14,026 TEU.

To summarazy , the company is very huge and powerful. Here are their key objectives for the nearest future :

Key Objective

• Expand business opportunities through integration of businesses including automobile-related logistics, project cargos, etc.
• Strengthen sales capabilities and profitability by enhancing business collaboration with the Group companies
• Further enhance Group’s front-line functions utilizing its vast network with diversified operations.
• Promote collaboration through the common use of information, technology, and systems with aim to enhance technological development.
• Share NYK’s financial strength and creditworthiness which allows large-scale and flexible investments.