NYK signs up for direct air carbon capture scheme
Direct Air Carbon Capture and Storage (DACCS), derided as one of the least efficient possible ...
Two of Japan’s major shipping lines have outlined plans to substantially beef up their logistics divisions as a way of offsetting continuing weakness in the container and other shipping segments.
In a New Year address to employees, NYK president Yasumi Kudo said: “Amid intensified and inevitable competition in the liner sector, which has seen the greatest gap between supply and demand, we have been concentrating our efforts in the logistics business, as a way to differentiate ourselves from our competitors in ...
MSC Elsa 3 sinking – now the 'blame game' begins
Crew saved as MSC box ship, hit by 'monsoon' off Indian coast, sinks
After DSV 'cuts the cake' on Schenker acquisition, time for redundancies?
New services and reinstated blanked sailings boost transpacific capacity
Congestion fear as US west coast ports brace for transpacific cargo surge
$2.1bn E2open purchase will 'catapult WiseTech into a different dimension'
Houthis claim Red Sea safe for box ships not calling at port of Haifa
Bad news for shippers as wave of transpacific rate increases continues
Shippers hold their breath as Trump appeals court ruling that tariffs are illegal
No deals with carriers, say Houthis – Red Sea safe for non Israel-affiliated ships
Shippers brace for rate rise as smart phones expected to drive air cargo market
US importers stockpiling goods to avert autumn shortages amid tariff chaos
Comment on this article
Lou Roll
January 08, 2014 at 3:01 pmInteresting article. How about the other member of the Japanase “Big 3”, i.e. Mitsui, with its long established MOL Logistics and Mitsui-Soko logistics businesses?
Gavin van Marle
January 08, 2014 at 3:54 pmLou,
Of course MOL has its logistics businesses, it is just that neither were explicitly mentioned in the president’s new year address. Rather, he focused on the need for the line to form long-term contracts with shipping line customers and look to areas such as its LNG shipping business for diversification. In terms of non-maritime activities, the only area mentioned was its terminal operations arm.
Kind regards,
Gavin