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NYK Recognized as Parent-friendly Company for a Third Consecutive Term

NYK has been recognized as a parent-friendly company by Japan’s Ministry of Health, Labour and Welfare for a third consecutive term, previously receiving recognitions in 2007 and 2011.

NYK was recognized for achieving the targets of its third action plan covering the four-year span of April 1, 2011, to March 31, 2015, in accordance with Japan’s Act on Advancement of Measures
to Support Raising Next-generation Children.*

During this period, all female employees giving birth participated in NYK’s child-care leave program. In addition, various support schemes for child-rearing employees were introduced, child-care leave for fathers was promoted, and the amount of overtime was reduced. These achievements were evaluated, and the company was then presented with the Ministry of Health, Labour and Welfare’s “kurumin” accreditation recognizing the company as parent-friendly and confirming the company’s measures to support the development of the next generation.

Goals of NYK’s Third Action Plan (Fiscal 2011–2014)

(1) Parental leave by at least five male employees over a period of four years

(2) A parent-friendly work environment in which leave to care for children can easily be taken

(3) Initiatives to improve children's understanding of their parents' workplaces at NYK

NYK understands that enriching employees’ daily lives is essential for good health and spirit, and will thus continue to support a work-life balance through positive child-care measures based on the company’s newly established fourth action plan.

 

* Act on Advancement of Measures to Support Raising Next-generation Children.

A law obliging business owners to make it possible for their employees to balance work and child-raising against societal challenges, as evidenced by the declining birthrate. The law requires that business owners cooperate to improve conditions so that the next generation can be born and raised in a healthy environment. The law was recently amended to extend the period of application to March 31, 2025.

G6 Alliance Announces Asia–Europe Coverage Enhancements

In response to market demand, members of the G6 Alliance today announced the below enhancements, which will improve Asia–Europe transit time as well as coverage.

NYK will continue to make every effort to improve its quality and reliability to respond to the diversifying needs of customers.

(1) Additional Gdansk call

The Loop 7 service will be extended to serve the Baltic market directly by adding calls at the ports of Gdansk. The new port rotation will be as follows:

Qingdao – Shanghai (Yangshan) – Hong Kong – Yantian – Singapore – Rotterdam – Hamburg – Gdansk– Southampton – Singapore – Yantian – Qingdao

Effective from the following voyage: Hong Kong Express HGX 011W27, ETA Qingdao June 29, 2015, ETA Gdansk August 10, 2015

 

(2) Port Said WB call on Loop 4 service

The Loop 4 service will be adjusted to serve the Port Said westbound call. The new port rotation is below.

Ningbo – Shanghai (Yangshan) – Yantian – Singapore – Port Said – Le Havre – Southampton – Hamburg – Rotterdam – Port Said – Jeddah – Singapore – Hong Kong – Ningbo

Effective from the following voyage: Shanghai Express HAI 011W27, ETA Ningbo July 3, 2015

 

The G6 Alliance continues to offer a variety of services between Asia and Europe covering all major port pairs with weekly sailings, and will make service adjustments where necessary. The G6 Alliance also offers services on the Asia–North America and Transatlantic trade lanes.

The G6 Alliance members include APL, Hapag-Lloyd, Hyundai Merchant Marine, Mitsui O.S.K. Lines, Nippon Yusen Kaisha, and Orient Overseas Container Line.

 

KNOT Concludes Time-Charter Contract for New Shuttle Tankers

Knutsen NYK Offshore Tankers AS (KNOT; headquarters: Haugesund, Norway), of which NYK has a 50 percent share, has concluded a time-charter contract with Brazil Shipping 1 Limited, a subsidiary of the U.K. energy supplier BG GROUP PLC. This contract is for a maximum 20-year period starting from the second quarter of 2017 and follows the time-charter contracts that were concluded in September 2014 for two shuttle tankers.*  

The new contract aims to use a 158,000 DWT Suezmax tankers built by Hyundai Heavy Industries Co. Ltd. and equipped with enhanced dynamic-positioning systems to shuttle crude oil processed in waters off Brazil. BG GROUP PLC owns interests in oil and gas fields in the waters off Brazil and is one of the major players in this area.

 Upon commencement of this tanker contract, the KNOT Group will have 32 shuttle tankers in operation or on order.

In accordance with its medium-term management plan “More Than Shipping 2018,” NYK will continue its efforts to provide stable and economical energy transport services, such as those that are part of the company’s shuttle tanker and offshore business.

* Shuttle tanker

Also called a “floating pipeline,” a shuttle tanker loads crude oil from floating production, storage, and offloading (FPSO) units in deepwater fields while maintaining a certain distance in the ocean, and then transports the oil to crude-oil storage units or petroleum storage stations on land.