Legal & Regulations

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NYK Discovers Illegal Conducts in Chinese Subsidiary

Nippon Yusen Kabushiki Kaisha (the “Company”) has discovered that there is a possibility that former locally-hired management personnel in NYK Car Carrier (China) Co., Ltd., our consolidated subsidiary located in Shanghai, China, which is engaged in finished-car logistics business in China, had committed unlawful expenditure or embezzlement.

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IMO is ready for ban on non-compliant fuel

It should be prohibited to have non-compliant fuel on board as from 2020.This is the clear signal from the IMO Sub-Committee PPR, Pollution Prevention and Response, which this week has been discussing how to ensure that the global sulphur requirements are implemented and enforced effectively

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