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' Japan Mail Ship Company '), also known as NYK Line, is a Japanese shipping company. The company headquarters are located in Chiyoda, Tokyo , Japan . It operates a fleet of over 800 ships, which includes container ships , tankers , bulk and woodchip carriers, roll-on/roll-off car carriers, reefer vessels, LNG carriers , and cruise ships.
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In 2017, K Line, Nippon Yusen (NYK) and Mitsui O.S.K. Lines (MOL) announced that they would merge and jointly operate their global container shipping services as Ocean Network Express (ONE), in order to better compete against other global container shipping groups. ONE would merge all container shipping services of the three companies, as well ...
ONE was founded in 2016 as a joint venture between Nippon Yusen Kaisha (NYK), Mitsui O.S.K. Lines (MOL), and K Line. [4] The company was formed as part of a larger process of consolidation that was occurring in the container shipping industry at that time, affected by poor profits and surplus capacity. [5]
Customers have been reported to include Japan's NYK Line and MOL, Dreyfus of France, and both Bunge and Cargill of the United States. [13] In 2020, Foremost joined the North American Marine Environment Protection Association (NAMEPA). Lloyd's List called Foremost "one of the most respected dry cargo shipping companies in the world." [14]
Knutsen NYK Offshore Tankers (KNOT) is the second largest shuttle tanker operator in the world. KNOT is a joint venture between Norwegian -based Knutsen OAS Shipping and Japanese -based Nippon Yusen Kabushiki Kaisha (NYK) , and was set up in 2010 following NYK's acquisition of 50 per cent of the shuttle tanker fleet from Knutsen OAS Shipping.