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4-Traders Homepage  >  Equities  >  Tokyo  >  Nippon Yusen Kabushiki Kaisha    9101   JP3753000003

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Nippon Yusen : NYK Announces New Service between Asia and Honolulu, Hawaii

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04/11/2012 | 07:52am CEST

In continuation of our ongoing commitment to the Hawaiian market, NYK is pleased to announce the start of a new direct service linking Asia with Honolulu from early May 2012.

The details of our new AHX (Asia Hawaii Express) service are as follows:

* Port Rotation:

Shanghai - Pusan - Yokohama - Honolulu - Yokohama - Shanghai

31 days round, 3 x 700 TEU Nominal vessels, every 10 days

* The first sailing will depart from Shanghai on May 5, 2012.

All other ports in Asia (i.e., those in Hong Kong, south China, north China, and Southeast Asia) will connect to this service in Shanghai or Pusan using our own feeder network for quick transit and secure transshipment.

Our direct call to Honolulu through the ALEX-2 service will be terminated toward the end of April as NYK opens this new AHX service.

(see separate press release, http://www.nyk.com/english/release/1964/NE_120411.html)

NYK will continue to make every effort to be of assistance to those seeking business opportunities within the Hawaiian market.

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

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EBIT 2017 -
Net income 2017 14 935 M
Debt 2017 710 109 M
Yield 2017 2,37%
P/E ratio 2017 20,37
P/E ratio 2018 14,15
EV / Sales 2017 0,47x
EV / Sales 2018 0,45x
Capitalization 316 302 M
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Average target price 250  JPY
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Tadaaki Naito President & Representative Director
Yasumi Kudo Chairman
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