The NYK Group's Top News Stories for 2016

December 21, 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”
https://www.nyk.com/english/release/4208/004214.html
https://www.nyk.com/english/release/4208/004446.html

--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
https://www.nyk.com/before_files/english/release/dbps_data/_material_/_files/000/000/004/488/161031_5.pdf

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
https://www.nyk.com/english/release/4208/004270.html

--Developing next-generation shipping and logistics solutions
March: Symphony Creative Solutions Pte. Ltd. (SCS) established in Singapore
https://www.nyk.com/english/release/4208/004280.html

--Making use of innovative technology to reduce environmental loads
September: World’s first LNG-fueled pure car and truck carrier (PCTC) delivered
https://www.nyk.com/english/release/4208/004443.html

3. Promote “More Than Shipping” powerfully

--Expanding business offshore
March, July, September: Three FPSOs begin oil production
https://www.nyk.com/english/release/4208/004269.html
https://www.nyk.com/english/release/4208/004376.html
https://www.nyk.com/english/release/4208/004429.html
June: First Japanese shipping company to enter the subsea industry
https://www.nyk.com/english/release/4208/004340.html

--Enhancement of overseas car logistics bases
October, December: Car logistics companies established in Kenya and Vietnam
https://www.nyk.com/english/release/4208/004464.html
https://www.nyk.com/english/release/4208/004550.html

--Accumulation of expertise in the field of LNG as a fuel
September: Announcement of new global brand for LNG bunkering service — “Gas4Sea”
https://www.nyk.com/english/release/4208/004421.html

--Stable profits secured by new terminal businesses
August: New container terminal in Jakarta starts commercial operations
https://www.nyk.com/english/release/4208/004407.html
November: Share of New York/New Jersey's terminal acquired
https://www.nyk.com/english/release/4208/004529.html

4. Contribution to long-term, stable transportation of energy-resources

--Safe and reliable transportation for customers
January: New coal carrier delivered for Chugoku Electric Power Co. Inc.
https://www.nyk.com/english/release/4208/004222.html
January: Long-term contract for a wood-chip carrier concluded with Hokuetsu Kishu Paper Co. Ltd.
https://www.nyk.com/english/release/4208/004221.html
June: First commercial transit through expanded Panama Canal by LPG carrier for Astomos Energy

Corporation
https://www.nyk.com/english/release/4208/004359.html
December: LNG vessel delivered for Petronet LNG Limited
https://www.nyk.com/english/release/4208/004552.html

5. Recognitions by society

--CSR
September: Hikawa Maru designated as important cultural property in Japan
https://www.nyk.com/english/release/4208/004434.html
October: Initiatives introduced at UN's #GlobalGoals Week
https://www.nyk.com/english/release/4208/004452.html

--Environment
February: Only Japanese company to be recognized with ESI Award from the ports of Le Havre, Rouen,

and Paris
https://www.nyk.com/english/release/4208/004265.html
July: Japan's first LNG-fueled tugboat Sakigake recognized with Technological Development Award at

the 17th annual Logistics Environment Awards
https://www.nyk.com/english/release/4208/004370.html

--Creative solutions
June: Selected as a 2016 Competitive IT Strategy Company for use of IoT and big data; first in maritime

industry to be recognized
https://www.nyk.com/english/release/4208/004346.html
July: LNG-fueled ship Sakigake recognized with Technology Special Award at the 2015 Ship of the Year

Awards
https://www.nyk.com/english/release/4208/004377.html

The news on this website is as of the date announced and may change without notice.