NYK Line is one of the largest shipping companies in the world. It is headquartered in Tokyo, Japan and is a core Mitsubishi Company.
The Japan shipping lines traces its history back to the Tsukumo Shokai Shipping company founded by the Tosa Clan in 1870. After nearly one and a half century of development, nowadays NYK become a giant corporation and own a huge fleet of ships. As of March 31, 2010, it has more than 800 vessels with total over 55 million deadweight ton (DWT) of many types:containerships, bulk carriers, car carriers, tankers, LNG Carriers, and cruise ships.
In liner business, NYK is making efforts not only to expand its fleet but also to construct the largest service-route network in the world. The Grand Alliance (GA), an organization established by NYK, Hapag-Lloyd, and OOCL, offers joint-operation services using 125 container vessels.
Besides, the organization reached a business cooperation agreement with the New World Alliance (TNWA). They began their cooperation by exchanging slots in the Asia-Europe and Asia-Mediterranean trade routes, and introducing a new jointly operated Asia-North American East Coast route from March 2006.
Utilizing this large-scale transportation network, the NYK Group will continue to expand its shipping capacity, number of operation services, and number of ports of call in order to further increase the comprehensive strength of the NYK Group.
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